Zee Media Bureau
New Delhi: Infosys on Monday reported rise in consolidated net profit by 21.35 percent to Rs 2,875 crore in Oct-Dec as compared to Rs 2,369 crore year in the year ago period.
Infosys witnessed its revenue up by 25% to Rs 13,026 crore in Oct-Dec quarter versus Rs 10,424 crore year earlier.
The company expects consolidated revenue to grow 11.5-12% in dollar terms and 24.4-24.9% in rupee terms in year ending March.
Earlier this month, the exodus of top level executives from the country's second largest software exporter resulted in restructuring its business under two divisions that will be headed by B G Srinivas and U B Pravin Rao, possible contenders for the CEO's post after S D Shibulal retires.
The company will dissolve its top decision-making body, the Executive Council, with effect from April 1, 2014.