9 years ago
India's second biggest outsourcer Infosys announced its June quarter (Q1) earnings earlier in the day. The Bengaluru-based IT company's net profit came in at Rs 3,483 crore compared with Rs 3,603 crore during the previous quarter, down 3.3 per cent. The company's revenues came in at Rs 17,078 crore against Rs 17,120 crore in the March quarter. Infosys earnings came in better than the Street's estimates as analysts at Morgan Stanley had expected Infosys to report net profit of Rs 3,334 crore.
