Infosys, one of the India's leading software exporters, witnessed a sharp rise in share price on Friday after it reported 28.62% y-o-y growth in consolidated net profit to Rs 30.96 billion for the quarter ended Sept. 30, 2014. On quarter on quarter basis, it posted a rise of 7.28% in the net profit.

Revenues has increased to Rs 133.42 billion for the quarter ended Sept. 30, 2014 from Rs 129.65 billion for the quarter ended Sept. 30, 2013, representing an increase of 2.91%. On quarter on quarter basis, it posted a rise of 4.48% in the revenues.

The company has declared interim dividend of Rs 30 a share. The company also declared 1:1 bonus issue of equity shares and 1:1 stock dividend of American Depositary Shares, to increase liquidity of its shares and expand the retail shareholder base.

Shares of the company are trading at Rs 3,872.80, up Rs 227.25, or 6.23% at the Bombay Stock Exchange (BSE) on Friday at 10:17 a.m. The scrip has touched an intra-day high of Rs 3,886.80 and low of Rs 3,600.00. The total volume of shares traded at the BSE is 360,677.