Infosys net up 17 percent in Q4

Apr 15, 2011 |

IANS

Bengaluru

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Infosys Technologies Ltd posted a net profit of Rs.1,818 crore (Rs.18.18 billion) for the fourth quarter (January-March) of fiscal 2010-11, registering an increase of 17.1 per cent year-on-year (YoY), as per the Indian accounting standard.

In a regulatory filing, the IT bellwether on Friday said the consolidated income during the quarter under review (Q4) was Rs.7,250 crore (Rs.72.5 billion), an increase of 22 per cent YoY.

Under the International Regulatory System (IFRS), net income increased to $402 million, up 19 per cent YoY and gross income to $1.6 billion for the quarter, up 24 per cent YoY.

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