Infosys shares up 3.6 % in preopen after results | business | Hindustan Times
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Infosys shares up 3.6 % in preopen after results

business Updated: Oct 12, 2011 09:49 IST

Reuters
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Shares in Infosys Ltd , India's No. 2 software services exporter, rose 3.6 % to 2,595 rupees in preopen trade after the software bellwether reported a 10.7 % rise in quarterly profit, roughly in line with expectations.

Bangalore-based Infosys said consolidated net profit rose to 19.06 billion rupees ($387 million) for the fiscal second quarter ended September 30, from 17.22 billion rupees reported a year ago.

A Reuters poll of brokerages had forecast a profit of 18.91 billion rupees for the company.