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Infosys reports strong Q3, profit rises to Rs 2,372 cr

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Thursday, January 12, 2012, 09:04:07 (IST)
 
NEWS FLASH

IT bellwether Infosys has reported strong numbers for the third quarter ending December 2011.

Sales rose 14.8 per cent to Rs 9,298 crore in the third quarter against Rs 8,099 crore in the second quarter ending September 2011. Analysts had expected consolidated sales to rise to Rs 9,241.13 crore.

Profit after tax (PAT) rose 24.4 per cent to Rs 2,372 crore in Q3 against 1,906 crore in Q2.

A 10 per cent depreciation helped Infosys beat Street expectations.
 

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