By IANS
Bangalore : Infosys Technologies Ltd posted a net profit of Rs.10.79 billion for the first quarter (April-June) of the current fiscal (2007-08), registering 35 percent year-on-year (YoY) growth over the same quarter of the last fiscal (Rs.8 billion) under the Indian GAAP.
In a notification to the stock exchanges here Wednesday, the company said the consolidated income for the quarter (Q1) under review was Rs.37.73 billion, posting YoY growth of 25 percent under the Indian GAAP.
Under the US GAAP, the net income for the first quarter has shot up to $263 million, compared to $174 million in the same quarter of the last fiscal, registering a whopping 51 percent YoY growth.
Similarly, consolidated revenue for Q1 is $928 million as against $660 million a year ago, an increase of 41 percent.