Bangalore: Despite the slow down in the global economy, especially in the United States, IT major Infosys Technology Friday
announced a 28.7 surge in its revenue for the first Quarter of this fiscal at Rs 4854 crore.
Despite the Rupee losing its sheen in the recent months, the growth in the net profit of the export-driven technology major remained moderate at Rs 1302 crore, denoting an increase of 20.7 per cent over the corresponding period last year.
The Earning Per Share(EPS) was put at Rs 22.75 from Rs 18.89 in the corresponding quarter.
''Although the global economic environment continues to remain uncertain and could impact spending in short-term, we see several opportunities for growth as customers relentlessly focus on improving efficiency, S Gopalakrishnan, CEO and Managing Director said.