Infosys shares soar on BSE after Q3 report

The shares of IT major, Infosys Ltd, soared to Rs 2,580 around 11.19 per cent on early trade on the BSE on Friday following filing its reports for the third quarter ended December 31, 2012.

The revenue of Infosys for the quarter October – December, went up to Rs 10,424 crore by 12.1 per cent. Last year, in the same quarter the company had revenue of Rs 9,298 crore.

According to the media reports, the net profit of Infosys for the third quarter has marginally dropped to Rs. 2369 crore by 0.12 per cent,  the company had posted net profit of Rs.2372 crore in October—December quarter of the previous fiscal (2011—12).