Infosys, the country's second largest software services company, has reported an 11 percent sequential growth in the third quarter (October-December) consolidated profit, with upward revision in full year revenue guidance.

Profit for the quarter increased to Rs 4,457 crores on QoQ basis, when compares last quarter the profit was Rs 4,019 crores, driven by higher other income and lower other expenses. The year-on-year profit growth was 23.5 percent.

The dollar revenue growth was 1 percent QoQ at $3,243 million in Q3, and it was same in constant currency at 1 percent QoQ (up 9.5 percent YoY) against 3.3 percent in Q2FY20 and 2.7 percent in Q3FY19.

The IT Company revised its full year constant currency revenue growth guidance to 10-10.5 percent, from 9-10 percent earlier, but maintained its EBIT margin forecast 21-23 percent for FY20.

Infosys said digital revenue in Q3 at $1,318 million (contributed 40.6 percent to total revenue) showed a 40.8 percent year-on-year growth and a sequential growth of 6.8 percent in constant currency.

The deal wins for the quarter at $1.8 billion was lower than $2.8 billion reported in previous quarter.

Consolidated attrition rate fell to 19.6 percent for the quarter ended December 2019, from 21.7 percent in September quarter.

The gross addition of clients during the quarter at 84 was lower than 96 clients addition seen in September quarter and 101 clients in December 2018.

The software company added 1 client in $100 million+ category, 4 in $10 million+ band and 12 clients in $1 million+ category.

Meanwhile, the Audit Committee determined that there was no evidence of any financial impropriety or executive misconduct after the independent investigation into allegations contained in the anonymous whistleblower complaints.

Infosys announced an interim dividend of Rs 8 per share.