Infosys, one of the India's leading software exporters, witnessed a sharp rise in share price on Monday after it achieved 13.04% growth in consolidated net profit to Rs 32.50 billion for the quarter ended Dec. 31, 2014 as compared to Rs 28.75 billion in the same period last year. On quarter on quarter basis, it posted a rise of 4.97% in the net profit. Market was expecting profit to come at Rs 31.57 billion.
Revenues has increased to Rs 137.96 billion for the quarter ended Dec. 31, 2014 from Rs 130.26 billion for the quarter ended Dec. 31, 2013, representing an increase of 5.91%. On quarter on quarter basis, it posted a rise of 3.40% in the revenues.
Shares of the company are trading at Rs 2,091.75, up Rs 18.15, or 0.88% at the Bombay Stock Exchange (BSE) on Monday at 11:10 a.m.
The scrip has touched an intra-day high of Rs 2,104.75 and low of Rs 2,076.25. The total volume of shares traded at the BSE is 76,315.