India, April 17 -- IT giant Infosys on Thursday reported a consolidated net profit of Rs. 7,033 crore, seeing an 11.7 per cent decline for the March quarter.

The company had posted a profit of Rs.7,969 crore in the same quarter last year, PTI reported.

However, it has exceeded its guidance for the full fiscal year, after having raised it to 4.5-5 percent, up from 3.75-4.50 percent.

Revenues for the fourth quarter stood at Rs.40,925 crore, 7.9 percent higher than Rs.37,923 crore at the same time last year. The company's profits also recorded a 3.3 percent rise.

The IT giant's profits saw a marginal increase of 1.8 percent to Rs.26,713 crore for the full financial year, according to a regulatory filing. Revenues climbed 6.06 percent to ...