11 Oct 2013

Infosys’ revenue rises, but margins are under pressure

Author: teddyb598 | Filed under: About

Indian outsourcer Infosys saw profit decline even as revenue grew in the third quarter, as a result of an increase in salaries and a provision for a visa investigation in the U.S. The company reported revenue of US$2 billion for the quarter, up 15 percent from the same quarter a year earlier under IFRS (international financial reporting standards).

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Infosys’ revenue rises, but margins are under pressure

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