World Economy

Infosys Profit Up 13%

Infosys Profit  Up 13%Infosys Profit  Up 13%

Indian software giant Infosys announced Friday a better-than-expected 13% jump in third-quarter net profit, helped by strong demand for services in the United States, AFP said. The country’s second-largest IT services exporter said October-December net profit hit 32.50b rupees ($521m), up from 28.75b rupees in the same period last year. Analysts had expected profits to be about 31.5b rupees.