Infosys Technologies announces robust Q3 results, meets market expectations

Infosys Technologies Ltd has announced the following Audited results for the quarter ended December 31, 2006:

The Company has posted a net profit after tax & exceptional items of Rs 9580 million for the quarter ended December 31, 2006 as compared to Rs 6420 million for the quarter ended December 31, 2005. Total Income has increased from Rs 23960 million for the quarter ended December 31, 2005 to Rs 35140 million for the quarter ended December 31, 2006.

The Consolidated results are as follows:

The Group has posted a net profit after tax, exceptional item and minority interest of Rs 9830 million for the quarter ended December 31, 2006 as compared to Rs 6490 million for the quarter ended December 31, 2005. Total Income has increased from Rs 25270 million for the quarter ended December 31, 2005 to Rs 37140 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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