Moneycontrol Bureau
Technology bellwether Infosys reported a better than expected third quarter consolidated net profit of Rs 2,372 crore up 33.3% from a year ago. However, it cut its US dollar revenue guidance for the full year and fourth quarter forecast was also flattish, amid worries that a global economic downturn led by the eurozone debt crisis could hurt demand. Infosys' October-December revenue was up 31% year-on-year to Rs 9,298 crore. A CNBC-TV18 poll of analysts had expected InfosysDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
