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