Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
Consolidated revenue from operations of the company increased marginally 1.3 per cent to Rs 38,821 crore during the quarter under review from Rs 38,318 crore in the year-ago period.
Infosys revised its revenue growth guidance for the ongoing financial year to 1.5-2 pc from 1-2.5 per cent estimated earlier.
The company also said that its board has approved a proposal to acquire a Bengaluru-based semiconductor design service provider InSemi for about Rs 280 crore.
The acquisition of InSemi is expected to close during the fourth quarter of FY24, subject to customary closing conditions, the filing said.