HomeNewsBusinessCompaniesExpect to meet Q3 guidance, may not be upper end: Infosys

Expect to meet Q3 guidance, may not be upper end: Infosys

Shares of software major Infosys fell sharply as the rupee hit the 52-mark against the dollar -- its weakest since March 12, 2009.

November 21, 2011 / 17:04 IST
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Shares of  India's second largest IT firm Infosys fell sharply even as the rupee hit the 52-mark against the dollar -- its weakest since March 12, 2009.


Speaking to CNBC-TV18, Venkatram Balakrishnan, CFO of software major said the global environment remains uncertain. "In an uncertain environment like this, it is very difficult to say if we will meet our third quarter guidance," he said 
Balakrishnan said pricing remained stable at the moment. "We have not revised guidance for now but it should not be a surprise if we fail to meet or remain on the lower end of the guidance," he stated adding, "
first published: Nov 21, 2011 03:45 pm

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