India's Infosys profit jumps, raises revenue view on digital boom


FILE PHOTO: The Infosys logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo

BENGALURU (Reuters) -Software services firm Infosys Ltd raised its annual revenue forecast on Wednesday and posted a jump in quarterly profit, as it won more contracts from global businesses expanding their digital offerings during the pandemic.

The company, India's second-largest IT services firm by revenue, said it expects revenue growth of 14% to 16% for the financial year to March 2022, compared with the 12% to 14% growth predicted in April.

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