Infosys net up 3.4% in Q4

Infosys net up 3.4%  in Q4Beating the estimates marginally, Infosys registered a net profit of 3.4% to Rs.2,394 crore in the fourth quarter of fiscal year 2012-13 with sequential revenue growth of 0.3%.

The sequential net profit grew only 1.1%.

Infosys said that consolidated revenue for the quarter Q4 increased 18%  compare to last year to Rs.10,454 crore.

Infosys CEO and MD S D Shibulal said, “Global economic uncertainties remain challenging for the IT industry. We are progressing well on our strategic direction of building a high-quality company which is relevant to our clients. We are making all the investments necessary to differentiate ourselves in the market place while positioning ourselves as a partner of choice for our clients.”

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