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© Copyright 2012

Infosys announced its Q4 financial results

Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients.  Infosys is part of the NASDAQ-100 Index and The Global Dow.

Highlights – Consolidated results for the quarter ended March 31, 2010


• Quarterly revenue rose to $ 1,296 million; QOQ growth was 5.2%; YOY growth was 15.6%
• Net income after tax was $349 million; QOQ growth was 4.5%; YOY growth was 8.7%
• Earnings per American Depository Share (ADS*) was 0.61; QOQ growth was 3.4%; YOY growth was 8.9%
• 47 clients were added during the quarter
• The net employee addition for the quarter was 3,914, taking the total employee strength to 113,796
• Final dividend of $ 0.34 per ADS

Business Outlook

The Company is providing the following guidance for the quarter ending June 30, 2010 and for the fiscal year ending March 31, 2011:

Quarter ending June 30, 2010
• Consolidated revenues are anticipated to be in the range of $ 1,330 million and $ 1,340 million
• Consolidated earnings per American Depository Share is expected to be in the range of $ 0.55 and $ 0.56

Fiscal year ending March 31, 2011
• Consolidated revenues are anticipated to be in the range of $ 5.57 billion and $ 5.67 billion
• Consolidated earnings per American Depository Share is expected to be in the range of $ 2.40 and $ 2.50

http://www.infosys.com/investors/reports-filings/quarterly-results/2009-2010/Q4/Documents/IFRS-USD-press-release.pdf

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Posted by Guru's Pick on Sunday, June 13, 2010 3:28 AM
     
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