Infosys Technologies Ltd. reported third-quarter stand-alone net profit, as per Indian GAAP, of Rs.2,265 crore or Rs.39.46 per share, higher by one percent than the Rs.2,235 crore or Rs.38.92 per share for the quarter ended December 31, 2011. Total income, including other income, increased by eight percent to Rs.9,879 crore from the Rs.9,118 crore in the year ago-quarter.
For the nine months, the company posted stand-alone net profit of Rs.6,811 crore, compared with Rs.5,711 crore in the corresponding period a year-ago, an increase of 19 percent. Total income, including other income, grew by 19 percent to Rs.29,004 crore from the Rs.24,291 crore for the nine months ended December 31 last year.
On a consolidated basis, the company’s third-quarter profit stood at Rs.2,369 crore or Rs.41.47 per share, flat from last year’s Rs.2,372 crore or Rs.41.51 per share. Total income , including other income, up by 12 percent to Rs.10,927 from the Rs.9,720 crore for the same quarter in the preceding year.
For Apr-Dec 2012 period, the company posted consolidated net profit of Rs.7,027 crore, compared with Rs.6,000 crore for the comparable period a year-ago, reflecting a growth of three percent. Total income, including other income, stood at Rs.31,583 crore, higher by 21 percent than the Rs.26,134 for the nine months ended December 31 last year.
Infosys revised its guidance for fiscal year and now expects consolidated earnings per share of Rs.162.80 on revenues of Rs.40,746 crore. The company earlier expected earnings per share of Rs.160.61 on revenues of Rs.39,582 crore for the fiscal year ending March 31, 2013.
At the BSE, Infosys shares are being traded at Rs.2,620.90, down by 12.95 percent from the previous close.
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by RTT Staff Writer
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