India’s second largest software exporter Infosys Technologies Ltd. has declared its Q1 result for FY12, the net profit stood at Rs.1,720 crore i.e down 5.4% as compared to Rs.1,818 crore in the previous quarter. The total revenues for the quarter ended June 2011 was Rs.7,485 crore. Also other income increased to Rs.443 crore from Rs.415 crore, however it was a marginal increase. EBIT margin for ... [Continue Reading]