Infosys posts better than expected first quarter results today

By ssemergic


On July 10, 2009 Infosys reported the quarterly results (it has always been the first in the Indian corporate sector in general and IT sector in particular).

With quarterly profit of Rs 1,527 crores and quarterly revenue of Rs 5,472 crores the results were better than expected. Viewed in the backdrop of the economic gloom everywhere the results are commendable.

Though true to its DNS of “under promise and over delivery” Infosys marginally revised its yearly estimate downwards, one hopes for better days ahead

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