Infosys standalone Q3 net profit up 10.42pc QoQ
MUMBAI: Infosys Technologies has reported a standalone net profit of Rs 1,186 crore for the third quarter ended December 31, 2007, up 10.42 per cent from Rs 1,074 crore in the quarter ended September. Net sales for the October-December quarter is Rs 3,999 crore against Rs 3,862 crore for the quarter ended September, a quarter on quarter rise of 3.54 per cent.
On consolidated basis, net profit for the quarter ended December is Rs 1,231 crore against Rs 1,100 crore for the September quarter. This represents a growth of 11.9 per cent sequentially. Net sales for the quarter is Rs 4,271 crore against Rs 4,106 crore for the quarter ended September, a growth of 4.01 per cent. In the nine months April-December, Infosys crossed $3 billion in revenues and for the full year ended March 31, 2008 it expects revenue to grow 20 per cent.
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