Total income grew by 28.7 per cent to Rs 4854 crore for the first quarter of the current fiscal as compared to corresponding period of last fiscal.
On a sequential quarter basis, net profit has grown by 4.2 per cent while the topline grew by close to 7 per cent.
Infosys has said that the margins were impacted due to increases in salary and visa costs which to some extent was offset by rupee depreciation. The company's management believes that the currency market will be volatile in the short term.
The outlook for FY09 has been increased and Infosys hopes to grow its topline by almost 28 per cent as against an earlier projection of around 20 per cent. The rupee depreciating is one of the element for this revision.
EPS outlook for the fiscal has also been increased and this firm expects to grow this by around 23 per cent as against an earlier outlook of around 17 per cent.
