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13 Jan
Posted by Shyam as Market News, Results
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The 2nd largest Indian IT company Infosys Technologies has announced it’s Q3 financial results for FY 2009 for the quarter ending in December 31, 2008. The net profit after tax for last quarter (Q3-FY 09) is announced to be RS 1641 crores which is 14.6% higher than the the previous quarter Q2-FY 09 results which was Rs1432 Crores. Also the Q3 net profit is believed to have gone up by 33.3% since the same quarter of previous year(YoY growth).
The revenue for the quarter is reported at Rs 5786 crores which has also grown 35% than the Q3 of last year and 6.8% than the previous quarter(Q0Q) . In previous quarter which ended in September 30, 2009 the total revenue of Infosys Technologies was reported to be Rs 5418 crores, while that in Q3 of last financial year FY – 2008 was Rs 4271 crores.
The EPS (Earnings per Share) of Infosys stocks is 28.66 (basic) when compared to 25.02 in previous quarter. The shares of the company closed almost 6% up in the trade today due to a better than expected results reported. The Rupee depreciation was a major factor other than the robust growth in the companies business in the last quarter. In the last quarter(Q3 2009) the company added 30 clinets and about 6000 employees. The total employee strength of Infosys also crossed the magical figure of 1 lakh and is now at 1,03,078.
For a complete analysis of the Infosys Technologies Q3 2009 Results click on the link.And to read the press release(Infosys Q3 2009 Results) check out here.Now in line is the TCS Q3 2009 results which is secheduled on Jan 15 2009 and for Wipro Q3 3009 on 21st Jan 2009.
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