Infosys Technologies, India’s second largest software services exports firm, has posted a net profit rise of 17.1% y-o-y to Rs 1,818 crore in its net profit for the fourth quarter ended March 31, 2011 as compared to Rs 1,600 crore in the corresponding quarter a year ago.

The net profit increased marginally by 2.19% from Rs 1,779 crore in the previous quarter ended in December, 2010.

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EBIT margins at 29% as compared to 30.2% q-o-q.

Infosys Q4 revenues grew by nearly 22% to Rs 7,250 crore; revenues for FY11 rose to Rs 27,501 crore, up about 21%.

Q1FY12 Guidance: For the first quarter of the fiscal, the company said income will grow between 18% and 19.1%, resulting in figures between Rs 7,311 crore and Rs 7,382 crore.

FY12 Guidance: For the entire fiscal, income is expected to grow between 15.4% and 17.3% or between Rs 31,727 crore and Rs 32,270 crore. The EPS is stated at Rs 119.41 vs Rs 109.

“Earnings per share (EPS) for the quarter ending June 30, 2011 is expected to be in the range of Rs 27.59 and Rs 28.02; YoY growth of 5.9% – 7.5% and for the year ending March 31, 2012 is expected to be in the range of Rs 126.05 and Rs 128.21; YoY growth of 5.5% – 7.3%,” the company said.

At the end of March 31, the company had 130,820 employees, which includes a net addition of 3,041 staff during the fourth quarter.

The company has announced a dividend of Rs 20 per share.

On Wednesday, at day’s close, Infosys shares ended 2.05% up at Rs 3,306 on the BSE.

Source: Business Standard

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