Friday, January 14, 2011

Infosys results up over 14% at Rs 1,780 cr for Q3

IT bellwether Infosys Technologies on Thursday reported 14.17 per cent growth in consolidated net profit at Rs 1,780 crore for the third quarter ended December 31, 2010.

The company had a net profit of Rs 1,559 crore in the December quarter of the previous fiscal (2009-10), Infosys said in a filing to the Bombay Stock Exchange.

The consolidated revenue of the country's second largest software exporter rose to Rs 7,106 crore against Rs 5,741 crore over the year-ago period

For the Q4 ending March 31, the company expects the revenues to be in the range of Rs 7157- Rs 7,230 crore, while it anticipates the revenue for the full year ending March 31, 2011, in the range of Rs 27,408- Rs 27,481 crore

On the standalone basis, the company has reported 11.55 per cent growth in its net profit at Rs 1,641 in Q3 2010-11, over the same period in the previous fiscal.

Income rose to Rs 6,534 crore in the October-December quarter, against Rs 5,335 crore in the same period last fiscal

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