Infosys Q3 cons net up at Rs 1231 cr
Infosys Technologies has announced its third quarter numbers. It has posted consolidated net profit of Rs 1231 crore for the quarter ended December 2007 as against Rs 1100 crore in previous quarter.Net sales went up to Rs 4,271 crore from Rs 4,106 crore QoQ. Infosys numbers are higher than guidance.The company has added 47 clients in the last quarter and net addition of employees were 8100.
Other income at Rs 158 crore versus Rs 154 crore QoQ.
Operating profit margin increased to 32.59% versus 31.27% QoQ.
Infosys~Q3 ~ Net Profit Includes Reversal Of Tax~Provision Of Rs 50 Cr
Infosys~ ~ Pays $26 m Overtime To Settle~California Wage Issue
Infosys~Q3 ~ Conversion Rate Of 39.41/$~
Infosys~Q3 ~ Adds One $100 m Client~
Infosys~Q3 ~ Onsite Billing Rates Up 1%,~Offshore Rates Up 2.5%
Guidance for FY08
In dollar terms, FYO8 revenues of USD 4.17 billion versus USD 4.18 billion.
FY08 Revenues seen at Rs 16627 versus Rs 16651 crore YoY.
FY08 guidance assumes tax reversal of Rs 101 crore.
Q4 revenues seen at Rs 4477 crore versus Rs 4501 crore.
FY08 EPS seen at Rs 81.07 and Q4 EPS seen at Rs 21.38
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