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Finally the much awaited results of Infosys Technologies are out just now. The company has announced a net profit of Rs 1,249 crores for Q4 ending on Mar 31st,2008, which is 9.2% growth on year on year basis. The nest sales of the company stood at Rs 16,992 crores for the Q4 as against Rs 13,893 crores in the corresponding quarter in last year.
The earning per share(EPS) of the company now stands at Rs 21.83. The net profit of the company is up by 20.8% year on year basis. Now coming to the guidance of the company: In the coming quarter(Q1) the company expects the income to be somewhere around Rs4570 crores which is approximately a growth of 21% y-on-y. As I said in the previous post the company has recommended a final dividend of Rs 7.25 per share.
The share price of the Infy stock is zooming as against the expectation and is already up by 4.8% from its previous close. For the detail analysis on the Infosys Technologies Q4 Results you can check out here. More to come on this in coming days. So have a look at this place.
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