Infosys net up 9.2 percent in fourth quarter

April 15th, 2008 - 11:49 am ICT by admin  


Bangalore, April 15 (IANS) Infosys Technologies Ltd. posted a net profit of Rs.12.5 billion for the fourth quarter (January-March) of fiscal 2007-08, registering a year-on-year (YoY) growth of 9.2 percent over the previous fiscal under the Indian accounting practice. In a notification to the stock exchanges Tuesday, the IT bellwether said its consolidated revenue for the quarter under review (Q4) grew by 20 percent YoY to Rs.45.42 billion over the previous fiscal (2006-07) under the Indian accounting practice.

Net income under the American accounting practice grew by 20 percent YoY to $311 million from $259 million a year ago for the fourth quarter.

Similarly, revenue grew by 32 percent YoY to $1.14 billion from $863 million during the same period (Q4) under the American accounting practice.

Related Stories

Tags: , , , , , , , , ,

Posted in Sci-Tech |

Subscribe