India’s second largest software services exporter Infosys today announced their Q1 result.
The company met market expectations with 33% profit rise to Rs 2289 ($413 million) in first-quarter of FY 2012-13. Last year the revenue was Rs. 1720 crore at the same period. Analysts had earlier predicted a net profit of Rs 2300 crore in Q1 for Infosys.
However the company disappoints market by cutting revenue guidance in financial year 2013 to 5% to $7.343 billion.
Tags: Infosys Infosys Q1 result Infosys Q1 result 2012 Infosys Revenues