Infosys' Q1FY14 results

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Infosys' Q1FY14 results

Post by Moneymakerfinancial » Fri Jul 12, 2013 3:25 am

India’s second largest IT services company Infosys beat Street expectation and reported a net profit of Rs 2,374 crore for the first quarter of FY14, up 3.7% as compared to the previous corresponding quarter. The total revenues of the company for the period under review came in at Rs 11,267 crore, registering a growth of 17.2% as against the corresponding quarter last year.

On a sequential basis, however, the net profit for the first quarter of FY14 witnessed a marginal decline of 0.8% while the revenues witnessed a growth of 7.8%.

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