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Infosys Advances on Second-Quarter Earnings Beat

Daily Life Inside the Infosys Ltd. Global Education Center
Photographer: Dhiraj Singh/Bloomberg

Infosys Ltd., Asia’s second-largest exporter of software services, posted a higher-than-estimated increase in net income as investments in its high-margin digital services and automation paid off. The stock climbed as much as 3.8 percent.

Analysts, however, remained concerned about the company’s margins, which were narrower than expected even with the benefit of a weaker rupee. “Margin disappointment can hold back any re-rating,” Credit Suisse said in a note.