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Infosys Technologies Ltd posted a net profit of Rs.15.27 billion (Rs.1,527 crore) in the first quarter (April-June) of this fiscal (2009-10), registering 17.3% year-on-year (YoY) growth as per the Indian accounting standard.
In a regulatory filing Friday, the IT bellwether said the consolidated income for the quarter (Q1) under review is Rs.54.72 billion (Rs.5,472 crore), which is an increase of 12.7% YoY as the per the Indian accounting standard.
According to the International Financial Reporting System (IFRS), net income for the quarter grew marginally to $313 million from $308 million.
Consolidated revenue declined by 2.9% YoY to $1.22 billion from $1.55 billion a year ago as per the IFRS.
