Don’t miss the latest developments in business and finance.

Infosys net up 25 percent in fourth quarter

Image
IANS Bangalore
Last Updated : Apr 15 2014 | 9:45 AM IST

Infosys Ltd posted net profit of Rs.2,992 crore for fourth quarter (January-March) of this fiscal, registering 25 percent growth year-on-year (YoY) as per the Indian accounting standard.

In a regulatory filing Tuesday, the IT bellwether said consolidate revenue for the quarter (Q4) under review grew 23 percent YoY to Rs.12,875 crore from Rs.10,454 crore year ago.

Under the International Financial Reporting Standard (IFRS), net income is up 9.7 percent YoY to $487 million and gross revenue 7.9 percent YoY to $2.1 billion.

More From This Section

First Published: Apr 15 2014 | 9:40 AM IST

Next Story