Infosys Q3 net up 25% at Rs 2372 cr, $ rev guidance weak

Infosys, a second largest software services exporter, has reported a 25% growth in third quarter net profit of Rs 2,372 crore on quarter-on-quarter basis.

January 17, 2012 / 17:46 IST

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Infosys, the second largest software services exporter, reported a better than street expected numbers in the third quarter of FY12 but the company disappointed with its dollar revenue guidance for FY12.

The company posted a net profit of Rs 2,372 crore in the third quarter, a growth of 24.5% as compared to Rs 1906 crore in the previous quarter.

Its revenues moved up 14.8% to Rs 9,298 crore from Rs 8,099 crore, quarter-on-quarter. CNBC-TV18 had expected a net profit of Rs 2,322 crore and revenues of Rs 9,223 crore.

Nilesh Shah of Envision Capital says Infosys numbers, on an aggregate basis, look okay. "The fact that full year revenue guidance has been pulled down is a bit disappointing. But I don

first published: Jan 12, 2012 08:35 am

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