Infosys Technologies [Get Quote], on Friday, announced its first quarter results. It has posted 4.24 per cent growth in its first quarter consolidated net profit at Rs 1302 crore (Rs 13.02 billion) against Rs 1249 crore (Rs 12.49 billion) posted in the previous quarter.

While net profit is above market expectations, sales are in line with estimates.

Consolidated net sales shot up by 6.87 per cent at Rs 4854 crore (Rs 48.54 billion) from Rs 4542 crore (Rs 45.42 billion) QoQ.

Earning per share for the first quarter stood at Rs 22.71 versus Rs 21.79.