MUMBAI: Infosys Technologies Ltd has reported a consolidated net profit of Rs 1,100 crore for July-September, up 1.9 per cent from Rs 1,079 crore in the quarter ended June 30. Net sales on consolidated basis stood at Rs 4,106 crore in the second quarter, up 8.8 per cent from Rs 3,773 crore from the immediate quarter.
Year on year, the company's net profit grew 18.4 per cent and net income 19 per cent. At 11:37 am on BSE, Infosys stock was Rs 1,996, down 6.05 per cent from Wednesday.
STANDALONE BASIS The IT major’s net sales for July-September stood at Rs 3,862 crore compared with Rs 3,551 crore in the preceding quarter. Other income for the quarter was Rs 154 crore, compared with Rs 253 crore in Apr-Jun. Operating profit margin in the September quarter was higher at 31.27 per cent versus 28.73 per cent in the June quarter, despite rupee rise. Net profit was at Rs 1,074 crore against Rs 1,028 crore in the April-June quarter.
DIVIDEND The company has declared an interim dividend of Rs 6 per share.
CLIENTS Infosys added 48 news clients and 8,543 employees during July-September.
GUIDANCE The IT bellwether sees October-December earnings per share at Rs 20.11, which implies a growth of 4.46 per cent quarter on quarter. EPS for 2007-08 (Apr-Mar) is seen at Rs 79.49-79.88. FY08 revenue is estimated Rs 16,588-16,648 crore. This implies a growth of 19.4-19.8 per cent. Dec quarter outlook under Indian GAAP – consolidated Income expected in the range of Rs 4,238-4,258 crore; year on year growth of 16.0-16.5 per cent EPS expected to be Rs 20.11; growth of 14.0 per cent on year
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