Infosys Q3 net profit up at Rs 1231 crore

Bangalore, Jan 11 : Country's software major Infosys Technologies posted a 25.2 percent rise in its consolidated net profit at Rupees 1231 crore for the quarter ended December 31. Last year in the same quarter the company had posted a net profit of Rs 983 crore.

Revenue grew 17 percent to 42.71 billion rupees from 36.55 billion rupees a year ago.

Total income of the group increased 19.25 per cent to Rupees 4,429 crore for the third quarter ended December 31, from Rupees 3,714 crore 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 Rupees 1,186 crore for the third quarter, compared to Rupees 958 crore for the same quarter ended December 31, 2006.

Total income of the company rose 18.12 per cent from Rupees 4,151 crore for the quarter ended December 31, against Rupees 3,514 crore in the year ago period.

ANI