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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News

Infosys net profit dips 3.6 percent in third quarter

Tuesday - Jan 12, 2010, 01:27pm (GMT+5.5)
[+] Text [-]
Mysore, Jan 12 (IANS) Infosys Technologies Ltd. posted a net profit of Rs.1,582 crore (Rs.15.82 billion/$347.5 million) for the third quarter (Oct-Dec) of this fiscal (2009-10), registering a decline of 3.6 percent year-on-year (YoY), as per the Indian accounting standard.

In a regulatory filing Tuesday, the IT bellwether said consolidate income during the quarter under review (Q3) also marginally declined 0.8 percent YoY to Rs.5,741 crore (Rs.57.41 billion).

Under the International Financial Regulatory System (IFRS), net income marginally increased by 0.6 percent YoY to $334 million and revenue by 5.2 percent YoY to $1.23 billion.


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