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Friday, July 10, 2009

BREAKING - Infosys Q1FY10 Results


Infosys Technologies, India's second largest software services exporter, has posted a 17.3 per cent increase in net profit to Rs 1,527 crore for the first quarter of current fiscal as compared to Rs 1,302 crore for the quarter ended June 30, 2008.

Total Income has increased by close to 15.5 per cent from Rs 4,971 crore for the quarter ended June 30, 2008 to Rs 5,741 crore for the quarter ended June 30, 2009.

On a sequential basis, quarter on quarter basis, as the company as guided has posted a 5.3 per cent drop in net profit while the topline was down by 3 per cent.