Infosys Q4 net profit rises to Rs 2,390 crore

Infosys Q4 net profit rises to Rs 2,390 crore

IT major Infosys has reported Rs 2,390 crore in net profit on sales of Rs 10,450 crore for the fourth quarter of the current fiscal year ended March 2013. Analysts polled by NDTV Profit estimated Infosys' net profit at Rs 2,284 crore on sales of Rs 10,744 crore.

India's second largest outsourcer after Tata Consultancy Services had reported a net profit of Rs 2,369 crore on sales of Rs 10,424 crore in the third quarter ended December 2012.

Infosys shares have gained 5 per cent over the last two days after falling 6 per cent in the previous five sessions.

Infosys had surprised the Street with strong numbers in the December quarter, and had upped its annual sales outlook sending shares 17 per cent higher on earnings day.

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