Off the wire
Spotlight: Suspects of Charlie Hebdo attack still at large despite intensive search  • Japan FM to visit India, Europe with counterterrorism on agenda  • 1st Ld: Chinese nuclear physicist receives nation's top science award  • Japan designates 382 top secrets by 2014 under new law  • Hong Kong stocks close 0.35 pct higher  • Starters of Kuwait against Australia in the Asian Cup  • Starters of Austrilia against Kuwait in the Asian Cup  • China's top procuratorate to strengthen protection of minors' rights  • (Recast) Urgent: Indian outsourcing major Infosys registers 13 pct profit rise in last quarter 2014  • Yingluck impeachment case opens  
You are here:   Home

1st LD Writethru: Indian IT outsourcing major Infosys registers 13 pct profit in last quarter 2014

Xinhua, January 9, 2015 Adjust font size:

Indian IT outsourcing major Infosys' October to December 2014 balance sheet consolidated net profit up 13 percent year-on-year to 32.5 billion rupees (520 million U.S. dollars) while its revenue has risen by 5.91 percent to 137.96 billion rupees (2.25 billion U.S. dollars), said the company Friday.

Infosys, which is also India's second-largest IT exporter, had a net profit of 28.75 billion rupees and consolidated revenues of 130.26 billion rupees in the year-ago correspondent period, the company said.

The Infosys shares at the Mumbai stock exchange surged 5 percent shortly after the announcement by the company. Endi