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Infosys Q3 net up 25% at Rs 1,231 cr

S ''Kris'' Gopalakrishnan, CEO and managing Director, Infosys Technologies.
 
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January 11, 2008 09:34 IST
Last Updated: January 11, 2008 10:22 IST

Software major Infosys Technologies on Friday posted 25.22 per cent increase in consolidated net profit at Rs 1,231 crore (Rs 12.31 billion) for the quarter ended December 31, compared to Rs 983 crore (Rs 9.83 billion) for the same quarter in 2006.

Total income of the group increased 19.25 per cent to Rs 4,429 crore (Rs 44.29 billion) for the third quarter ended December 31, from Rs 3,714 crore (Rs 37.14 billion) in the corresponding quarter ended December 31, 2007, Infosys Technologies informed the Bombay Stock Exchange.

The company reported 23.79 per cent increase in net profit at Rs 1,186 crore (Rs 11.86 billion) for the third quarter, compared to Rs 958 crore (Rs 9.58 billion) for the same quarter ended December 31, 2006.

Total income of the company rose 18.12 per cent from to Rs 4,151 crore (Rs 41.51 billion) for the quarter ended December 31, against Rs 3,514 crore (Rs 35.14 billion) in the year ago period.

Guidance for FY08

Releasing the results in Bangalore on Friday, S 'Kris' Gopalakrishnan, CEO and managing Director, Infosys Technologies, said: "We believe that our ability to handle large complex programmes using the global delivery model provides a compelling value proposition to global customers seeking  efficiency in a challenging macro environment."


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