Bangalore, July 10: India`s second largest software company Infosys Technologies on Wednesday said that net profit rose 24.83 per cent to Rs 216 crore in the first quarter to June from a year earlier. Infosys CEO Nandan Nilekani on Wednesday said that the business outlook remained cautious due to delays on account of travel restrictions.

"We continue to remain cautious due to delays in client and prospect visits arising from adverse travel advisories and due to challenging global business environment," Nilekani said in a statement.
But he added, "revenue growth during the quarter has been robust." He made these comments while announcing the April-June results of the company.
Bureau Report