Infosys Q1 net profit up 3.7%, meets estimates

First quarter result of IT major Infosys after Murthy’s re-appointment glittered with his great management magic. Infosys reported nearly 4% increase in consolidated net profit to Rs. 2,374 crore for the first quarter ended June 30, 2013. The Bangalore-based firm had reported a net profit of Rs. 2,289 crore in the year-ago period.