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Infosys reports 15.58% rise in its Q1 net profit

12 Jul 2011 Evaluate

Infosys has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has increased by 15.58% at Rs 1654.00 crore as compared to Rs 1431.00 crore for the corresponding quarter last year. Its total income has grown by 22.10% at Rs 7320.00 crore for the quarter under review from Rs 5995.00 crore for the same quarter last year.

On consolidated basis, the Group’s net profit for the quarter has surged 15.73% at Rs 1722.00 crore as compared to Rs 1488.00 crore for the quarter ended June 30, 2010. Its total income has increased by 23.16% at Rs 7928.00 crore for the quarter under review as compared to Rs 6437.00 crore for the similar quarter of the previous year.

Peers
Company Name CMP
TCS 2089.40
Infosys 1012.10
HCL Technologies 1253.70
Wipro 165.10
Tech Mahindra 1557.50
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