Week that was: Mkt consolidates as earnings season sets in

Sat, Oct 13, 2012 at 12:34

| Source:
Share   .   Email   .   Print      

Earnings season kicks in: As the earnings season kicks in, India’s largest software services exporter, Infosys met expectations and reported a net profit of Rs 2,369 crore in July-September quarter, up 24% year-on-year (3.5% quarter-on-quarter), while quarterly revenue rose 21% from a year ago (2.5% sequentially) to Rs 9,858 crore. However, a deeper cut in earnings per share guidance for the full year disappointed the street. Private sector lenders IndusInd Bank and HDFC Bank too registered good numbers in Q2.


Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.