Global software major Infosys Ltd on Monday reported net profit of Rs.3,398 crore for second quarter (July-September) of this fiscal (2015-16), registering 9.8% growth year-on-year (YoY) and 12% sequentially.

In a regulatory filing to the Bombay Stock Exchange (BSE), the IT major said consolidated revenue for quarter (Q2) review grew 17.2% YoY and 8.9% sequentially to Rs.15,635 crore under the Indian accounting standard.

Under the International Financial Reporting Standard (IFRS), net income increased 1.6% YoY and 9% to $519 million and gross revenue 8.9% YoY and 6% sequentially to $2,392 million ($2.4 billion).