Infosys retains FY14 dollar revenue outlook; shares up over 10 pct

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Reuters MUMBAI
Last Updated : Jul 12 2013 | 9:40 AM IST

MUMBAI (Reuters) - Infosys shares rose 10 percent in pre-open trading, marking its biggest daily gain since January 11, after India's second-largest software services exporter maintained its forecast for 6-10 percent revenue growth for the current 2013/14 financial year.

The company posted a 3.7 percent year-on-year increase in its first-quarter net profit, matching estimates, after contract wins and foreign exchange gains boosted earnings.

Read main results story, click http://in.reuters.com/article/2013/07/12/india-infosys-wipro-murthy-idINDEE96B01B20130712

(Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)

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First Published: Jul 12 2013 | 9:21 AM IST

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