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India's Infosys sees profit leap by 25 percent, surpassing forecasts

BANGALORE, India--Indian outsourcing giant Infosys on Tuesday reported quarterly net profit rose by a surprise 25 percent, lifted by new European and U.S. contracts, as it forecast an increase in annual revenues.

The Nasdaq-listed firm announced consolidated net profit climbed to 29.92-billion rupees (US$496 million) in the January-March quarter from 23.9-billion rupees in the same year-earlier period.

 

 

 

 

 

 

 

 

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