Infosys Q2 FY12 results: Did it spring a surprise?

Moneycontrol Bureau

IT bellwether Infosys on Wednesday reported a 9.72% growth in its consolidated net profit to Rs 1,906 crore for the second quarter ended September 30.

The company had posted a net profit of Rs 1,737 crore for the September quarter of the previous fiscal (2010-11), Infosys said in a filing to the Bombay Stock Exchange.

The consolidated revenue of the country's second largest software exporter rose to Rs 8,099 crore in the reporting period from Rs 6,947 crore in the year-ago period, translating into a 16.58% increase.

Here's a quick snapshot of its results

Highlights
Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended September 30, 2011

 Revenues were  Rs 8,099 crore for the quarter ended September 30, 2011; QoQ growth was 8.2%; YoY growth was 16.6%

Net profit after tax was  Rs 1,906 crore for the quarter ended September 30, 2011; QoQ growth was 10.7%; YoY growth was 9.7%

Earnings per share (EPS) was  Rs 33.36 for the quarter ended September 30, 2011; QoQ growth was 10.7%; YoY growth was 9.7%

Others

45 clients were added during the quarter by Infosys and its subsidiaries

Gross addition of 15,352 employees (net addition of 8,262) for the quarter by Infosys and its subsidiaries

1,41,822 employees as on September 30, 2011 for Infosys and its subsidiaries

Declared an interim dividend of Rs 15 per share (previous year interim dividend of `40 per share including 30th Year special dividend of `30 per share). The record date for the payment of dividend is October 21, 2011.