MUMBAI: Flagging off the Q3 earnings season, IT major Infosys today posted a 33.25 per cent increase in consolidated net profit to Rs 2,372 crore for the three-month period ended December 31, 2011, above market expectations.

The company had registered a net profit of Rs 1,780 crore for the December quarter of the previous fiscal (2010-11), Infosys said in a filing to the BSE.

"The Infosys result has shown that the margin has increased. The depreciation of rupee has clearly shown an impact on the Infosys result, which was better than market expectations," CNI Research CMD Kishore P Ostwal said.

Source :timesofindia.indiatimes.com