India's second largest IT services exporter Infosys Technologies Limited. has announced quarter fourth result as, net profit was reported to be at Rs.1,818 crore, a growth of just 2.15% over Rs.1,779.8 crore same in previous quarter (Q3). Revenues went up 2% to Rs.7,250 crore as against Rs.7,105.6 crore on Q on Q basis. However these numbers were below the market expectations Dalal street was ... [Continue Reading]
Infosys Tech Q3 Net Profit Surges 2.5% at Rs.1780cr
India's second largest IT services exporter Infosys Technologies Limited. has announced its Q3 results today, reporting consolidated net profit at Rs.1,780 crore and sales revenues at Rs.7,106 crore, growth of 2.48% & 2.29% resp. on quarter-on-quarter (QoQ) basis. However these numbers were below market's expectations. Our view on Infosys stock: After a lot of expectation from infosys result ... [Continue Reading]