Global software major Infosys Ltd has posted a net profit of Rs.3,030 crore for first quarter (April-June) of this fiscal (2015-16), registering a 5 percent increase year-on-year (YoY), as per the Indian accounting standard.
The net profit, however, declined 2.1 percent while the revenue was up 7 percent from previous quarter (January-March) of last fiscal (2014-15).
Under the International Financial Reporting Standard (IFRS), the net income declined 1.3 percent YoY and 4.5 percent sequentially to $476 million, while the revenue grew 5.7 percent YoY and 4.5 percent sequentially to $2.3 billion.