Infosys Q2 net up 28.6 per cent to Rs 3,096crore, revenues up 2.9 per cent

[Dinesh jain]

Beating market expectations, IT major Infosys
on Friday posted 28.6 per cent jump in
consolidated net profit to Rs 3,096 crore for
the quarter ended September 30.
The Bangalore-based firm had reported a net
profit of Rs 2,407 crore in the year-ago period,
it said in a BSE filing.
Consolidated revenue was up 2.9 per cent to
Rs 13,342 crore in the said quarter from Rs
12,965 crore in the year-ago period.
In the April-June quarter this fiscal, Infosys
reported a net profit of Rs 2,886 crore and a
revenue of Rs 12,770 crore.
Buoyed by a strong set of numbers, the
company has declared an interim dividend of
Rs 30 per equity share as compared to Rs 20
in the previous year.
It has also recommended a bonus issue of one
equity share for every equity share held, and a
bonus issue of a stock dividend of one
American Depositary Share (ADS) for every
ADS held, respectively.
The better-than-expected set of numbers
pushed the company's stock up 5.61 per cent
to Rs 3,850.05 apiece in early trade on the
BSE.
For FY15, the country's second-largest
software services firm maintained its revenue
guidance of 7-9 per cent growth.
Infosys Q2 net up 28.6 per cent to Rs 3,096 crore, revenues up 2.9 per cent

 

[iSK]

Infosys Q2 net profit up 28.6% to Rs 3,096 crore, stocks gain 5.6% - TOI Mobile | The Times of India Mobile Site

 

[Dinesh jain]

pro already posted by me