Tuesday, 15 April 2014

Infosys's Profit Jumps 25%, Aided by Weak Rupee - Wall Street Journal

Updated April 15, 2014 8:35 a.m. ET

NEW DELHI—Infosys Ltd., one of India's top software and outsourcing companies, said Tuesday that while it recorded healthy expansion last quarter with the help of a strong dollar, its sales growth could slow this year as some clients delay technology spending.

India's second-largest information-technology company by sales said its net profit in the just-ended March quarter grew about 25% to 29.92 billion rupees ($497 million), while...



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