Apr 13, 2012, 02.37 PM | Source: Reuters
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)