Infosys Q2 net rises 33%
By Mumbai: | 10 Oct 2003
Mumbai:
Infosys Technologies says its second quarter net profit
rose 33 per cent from a year ago, as outsourcing business
from overseas clients drove the growth.
Its July-September net profit of Rs 300 crore (Rs 225.77 crore) was well ahead of market expectations.
The
total income of the company increased by 31 per cent to
Rs 1,179.03 crore against Rs 897.10 crore in the same
quarter previous year, according to a company statement
issued to the Bombay Stock Exchange.
The
net profit numbers were well above the market expectations
and seemed to be on the path to upgrade guidance.