Bangalore; The Bangalore information Technology pioneer Infosys has made 33% progress in third quarter as on 31-12-2011, earning Rs2372 crore in net profit, according to a release on Wednesday, January 11.

The IT giant had made a growth of 24% last year, and so far it has touched 27% increase in profits for 9 months.

The market analysers say that Infosys had made a good progress although rupee value had come down considerably in this period(2011).

The consolidated revenue of Infosys ranked second in India, had touched Rs 9,298 crores. But by end of present annual economic year, in 31-03-2012, the income will go upto Rs 9412 crores, claims Shibulal, CEO and MD.

At the end of 2011, the Company had 1,45,088 employees. In the last quarterly ending 2011, the Infosys secured 49 new companies for its work, he added.