<p>Infosys' shares on Monday closed with nearly 5 per cent gains after the company reported a 23.7 per cent rise in consolidated net profit for the December 2019 quarter.</p>.<p>The IT services major on Friday also said its audit committee has found no evidence of financial impropriety or executive misconduct, virtually giving a clean chit to CEO Salil Parekh and CFO Nilanjan Roy who were accused by anonymous whistleblowers of rigging the company's balance sheet.</p>.<p>The scrip climbed 4.76 per cent to close at Rs 773.40 on the BSE. During the day, it jumped 5.32 per cent to Rs 777.55.</p>.<p>On the National Stock Exchange (NSE), it gained 4.65 per cent to close at Rs 772.50.</p>.<p>It was the top gainer on both Sensex and Nifty during the day.</p>.<p>In terms of traded volume, 9.69 lakh shares of the company were traded on the BSE and 3.6 crore shares on the NSE during the day.</p>.<p>The country's second-largest IT services major Infosys on Friday reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December 2019 quarter, which the company executives called satisfactory.</p>.<p>The company had posted a net profit of Rs 3,610 crore in the year-ago period, Infosys said in a BSE filing.</p>.<p>Its revenue during the October-December 2019 period grew 7.9 per cent to Rs 23,092 crore, compared with Rs 21,400 crore in the corresponding period last fiscal, it added.</p>.<p>The company has raised its revenue outlook for 2019-20 in constant currency to 10-10.5 per cent, from its topline guidance of 9-10 per cent given in October.</p>.<p>In October, Infosys had told stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management. It then started a probe into the matter and roped in external investigators.</p>
<p>Infosys' shares on Monday closed with nearly 5 per cent gains after the company reported a 23.7 per cent rise in consolidated net profit for the December 2019 quarter.</p>.<p>The IT services major on Friday also said its audit committee has found no evidence of financial impropriety or executive misconduct, virtually giving a clean chit to CEO Salil Parekh and CFO Nilanjan Roy who were accused by anonymous whistleblowers of rigging the company's balance sheet.</p>.<p>The scrip climbed 4.76 per cent to close at Rs 773.40 on the BSE. During the day, it jumped 5.32 per cent to Rs 777.55.</p>.<p>On the National Stock Exchange (NSE), it gained 4.65 per cent to close at Rs 772.50.</p>.<p>It was the top gainer on both Sensex and Nifty during the day.</p>.<p>In terms of traded volume, 9.69 lakh shares of the company were traded on the BSE and 3.6 crore shares on the NSE during the day.</p>.<p>The country's second-largest IT services major Infosys on Friday reported a 23.7 per cent rise in consolidated net profit at Rs 4,466 crore for the December 2019 quarter, which the company executives called satisfactory.</p>.<p>The company had posted a net profit of Rs 3,610 crore in the year-ago period, Infosys said in a BSE filing.</p>.<p>Its revenue during the October-December 2019 period grew 7.9 per cent to Rs 23,092 crore, compared with Rs 21,400 crore in the corresponding period last fiscal, it added.</p>.<p>The company has raised its revenue outlook for 2019-20 in constant currency to 10-10.5 per cent, from its topline guidance of 9-10 per cent given in October.</p>.<p>In October, Infosys had told stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management. It then started a probe into the matter and roped in external investigators.</p>