Infosys Q3 net rises 6% at Rs 983cr

Bangalore: Infosys Technologies has announced its third quarter results. The company reported net profit at Rs 983 crore (Rs 9.83 billion) in the third quarter, up 5.81% versus Rs 929 crore (Rs 9.29 billion) in the previous quarter.

The company's revenues were up 5.91% at Rs 3655 crore (Rs 36.55 billion) versus Rs 3451 crore (Rs 34.51 billion) QoQ.

The group has posted a net profit after tax, exceptional item and minority interest of Rs 983 crore (Rs 9.83 billion) for the quarter ended December 31, 2006 as compared to Rs 649 crore (Rs 6.49 billion) for the quarter ended December 31, 2005. Total Income has increased from Rs 2527 crore (Rs 25.27 billion) for the quarter ended December 31, 2005 to Rs 3714 crore (Rs 37.14 billion) for the quarter ended December 31, 2006.

Agencies