Tuesday, July 12, 2005

Infosys declares its q1 results

The most trusted IT brand in India, Infosys Technologies on Tuesday announced a 36.52 per cent increase in its revenue for the first quarter at Rs 2,071.59 crore with net profit after tax growing at 36.97 per cent to touch Rs 531.92 crore. In its consolidated result for the q1, Infosys declared that the revenue was expected to grow at 26-27 per cent during the current fiscal. 36 new clients were added by Infosys and its subsidiaries from both India and abroad during the quarter with the net addition of manpower being 3,056. The company had in its rolls 39,806 employees as on June 30, 2005 and has a huge brand equity.