India’s second largest information technology (IT) services company Infosys today cheered investors by posting earnings for April-June 2014 (Q1FY2015) on expected lines, and throwing up a positive surprise on the margins and volumes growth front.
The Bangalore-based company, which has missed Street estimates for several quarters in past, today posted a 21.6% year-on-year growth in net profit at Rs 2,886 crore, and a 13.3% year-on-year growth in revenues at Rs 12,770 crore.