Monday 11 July 2011
Infosys Q1 net rises 15.72 per cent at Rs 1722 crore
The country's second largest software firm Infosys on Tuesday reported a 15.72 per cent jump in consolidated net profit to Rs 1,722 crore for the first quarter ended June 30, 2011.
The company had posted a net profit of Rs 1,488 crore for the same quarter of the previous fiscal (2010-11).
The company's revenues rose to Rs 7,485 crore in the first quarter from Rs 6,198 crore in the year-ago period, up 20.76 per cent.
Infosys expects revenues to be in the range of Rs 7,699 crore and Rs 7,810 crore (y-o-y growth of 10.8 per cent to 12.4 per cent) for the quarter ending September 30, 2011.
In addition, the company forecast its revenues would be in the range of Rs 31,777 crore and Rs 32,311 crore (y-o-y growth of 15.5 per cent to 17.5 per cent) for the fiscal ended March 31, 2012.
The company had posted a net profit of Rs 1,488 crore for the same quarter of the previous fiscal (2010-11).
The company's revenues rose to Rs 7,485 crore in the first quarter from Rs 6,198 crore in the year-ago period, up 20.76 per cent.
Infosys expects revenues to be in the range of Rs 7,699 crore and Rs 7,810 crore (y-o-y growth of 10.8 per cent to 12.4 per cent) for the quarter ending September 30, 2011.
In addition, the company forecast its revenues would be in the range of Rs 31,777 crore and Rs 32,311 crore (y-o-y growth of 15.5 per cent to 17.5 per cent) for the fiscal ended March 31, 2012.
