Infosys shares climb post Q1 earnings - The New Indian Express

Infosys shares climb post Q1 earnings

Published: 11th July 2014 11:19 AM

Last Updated: 11th July 2014 11:19 AM

India's second largest software exporter, Infosys witnessed a rise in share prices after it reported in-line growth of 21.57%in consolidated net profit to Rs 28.86 billion for the quarter ended Jun. 30, 2014. On quarter on quarter basis, it posted a fall of 3.5% in the net profit.

Revenues has increased to Rs 127.7 billion for the quarter ended Jun. 30, 2014 from Rs 112.67 billion for the quarter ended Jun. 30, 2013, representing an increase of 13.3%. On quarter on quarter basis, it posted a fall of 0.8% in the revenues.

Shares ofthe companyare trading at Rs 3,336, up Rs 43.10, or 1.31% at the Bombay Stock Exchange (BSE) on Friday at 10:08 a.m.The scrip has touched an intra-day high of Rs 3,429.35 and low of Rs 3,314.00. The total volume of shares traded at the BSE is 88,937.

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