UPDATE: Infosys Posts Rise In Profit
October 11, 2013 at 06:43 AM EDT
India's software services exporter Infosys (NASDAQ: INFY ) reported a weaker-than-expected second-quarter profit. Infosys posted a quarterly consolidated net profit of 24.07 billion rupees ($391 million), up from 23.69 billion rupees, in the year-ago period. However, analysts were expecting a profit of 26.26 billion rupees. Its consolidated revenue surged around 32%