The company's revenue for the reported quarter was up 23.2 percent to Rs 12,875 crore from Rs 10,454 crore in the year-ago period. (Agencies)
The Bangalore-based firm, which is on a revival path following the return of its co-founder NR Narayana Murthy at the helm of affairs, has forecast a conservative outlook of 7 to 9 percent revenue growth in dollar terms for the financial year 2014-15.
In dollar terms, the company's profit grew 9.7 percent to USD 487 million in the reported quarter while revenue was up by 7.9 percent to USD 2.09 billion in the quarter under review.
For FY'14, net profit grew 1.5 percent to USD 1.75 billion, while revenue was up 11.5 percent to USD 8.2 billion over the previous fiscal.
"I am pleased that we have been able to double our growth rate for the full year compared to last year, though performance in the last quarter of FY'14 has been disappointing," Infosys CEO and Managing Director SD Shibulal said in a statement.
Infosys has guided a revenue growth of 7-9 percent (in dollar terms) next year and remains firmly focused on building the growth momentum by making all the necessary investments in its business, he added.
Sequentially, the company's net profit was up 4.1 percent from Rs 2,875 crore in the October-December 2013 quarter, while revenue was lower by 1.2 percent from Rs 13,026 crore.
For FY'14, the net profit was up 13 percent at Rs 10,648 crore and revenue grew 24.2 percent to Rs 50,133 crore.
North America accounted for 59.8 percent of the revenues, Europe (25.2 percent), India (2.6 percent) and Rest of the World (12.4 percent).
The company's revenue for the reported quarter was up 23.2 percent to Rs 12,875 crore from Rs 10,454 crore in the year-ago period.