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Wednesday, October 12, 2011

Infys Q2 Profit Up 9.7% At Rs 1,906 Cr

Bangalore, Oct 12: Aided by weakening rupee, country’s second largest exporter Infosys today reported 9.72 per cent jump in profit for July-September period at Rs 1,906 crore, beating market expectations.

Infosys had posted a net profit of Rs 1,737 crore for the September quarter of the last fiscal (2010-11).

The company also said it is close to acquiring Thomson Reuters’ healthcare business (for USD 700-750 million).

“We are dating...not yet engaged.....we need to understand each other. So, we are definitely...we have an intention to get engaged, Infosys CEO and MD S D Shibulal told reporters.

From: http://ping.fm/stHxM

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