Apr 13, 2012, 02.37 PM IST
INFOSYS-RESULTS-MARGIN:India's Infosys says Q1 margin seen down 2 pct q/q
Margins would be hit by staff hiring charges and visa-related costs, V. Balakrishnan told reporters.
Bangalore-based Infosys posted a 27.4 percent rise in quarterly profit on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.
(Reporting by Harichandan Arakali; Editing by Ranjit Gangadharan)
Action in Infosys
Video of the day
Dec 6 2013, 15:02
- in MARKET OUTLOOK
Dec 4 2013, 11:08
- in FII View
Copyright © e-Eighteen.com 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 moneycontrol.com is prohibited.