India's second largest IT services exporter Infosys Technologies has reported fourth quarter net profit of Rs 1,818 crore, a growth of 2.15% Rs 1,779.8 crore in previous quarter.
Revenues went up 2% to Rs 7,250 crore as against Rs 7,105.6 crore on quarter-on-quarter basis. Numbers were below the market expectations - street was expecting net profit at Rs 1,856 crore and revenues at Rs 7,447 crore. S Gopalakrishnan, CEO and Managing Director expects the demand environment to be normal this year for the industry.Discover 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!
