Infosys Q1 net falls 2.4%, raises annual outlook

NDTV 2010-07-14

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Infosys net profit dropped 2.4 per cent at Rs 1,488 crore during quarter ended June, mainly due to high staff cost and foreign exchange volatility but the firm upped its revenue outlook to 21 per cent for FY11. During the quarter the company added 1,026 new employees.
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