BANGALORE: Indian software giant Infosys on Friday reported a 16 per cent jump in fourth-quarter net profit, beating expectations after it won new clients for its IT services business. Net profit in the three months to March 31 came in at INR 36 billion ($540 million), compared with INR 31 billion in the same period last year. It beat analysts’ estimates of quarterly profit of INR 35.2 billion in a survey compiled by Bloomberg. A strong performance had been expected after the firm in January said it had managed to ride out deadly floods in Chennai at the end of last year that many feared would hurt earnings. Revenues for the full year rose 17 per cent to INR 624 billion, Infosys said, as it added 325 new clients.