Infosys Q4 net profit rises 3.5% to Rs 3,097 crore

The company has announced acquisition, bonus issue in the ratio 1:1.

Zee Media Bureau

New Delhi: IT major Infosys' consolidated net profit rose 3.5 percent year-on-year to Rs 3,097 crore for the quarter ended March 31.

Meanwhile the revenue was up 4.2 percent to Rs 13,411 crore. Infosys said it expects revenue to grow in the range of 10-12 percent in US dollar terms in 2015-16 fiscal.

The company has announced acquisition, bonus issue in the ratio 1:1.

Infosys earlier this month said it will announce its earnings for the fourth quarter and the fiscal ended March 2015 on April 24, a deviation from its usual practice of kicking off the corporate results season.

Traditionally, Infosys was the first large-cap company to announce its results in the second week of April, July, October and January, kicking off the quarterly earnings season with its set of numbers that were announced.

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