Infosys today reported a 53.3% rise in Q2 consolidated net profit at Rs 929 crore when compared with Rs 606 crore reported in Q2FY06. In doing so, the company has gone past its own expectaions of Rs 834.05 - 842.31 crore.Total revenue for September 2007 quarter grew 50.43% to Rs 3,517 crore from Rs 2,338 crore in the corresponding quarter last year. The company expectation was around Rs 3,257 - 3,280 crore.The company has declared an interim dividend of Rs 5 per share.Nandan Nilekani, CEO and managing director of Infosys, said: "Our business model provides a compelling value proposition to clients in a flat world. We have revised our guidance to cross $3 billion in revenue this fiscal."
