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Posted by Shyam as Results
The much awaited results season is back. Infosys came out with its quarterly results today. For the quarter ending June 30,2011 the companies revenue stood at Rs 7485 crores. Which was a growth of 20.8% year on year. The net profit of Infosys is Rs 1,722 crores which is 15.7% Y-o-Y and 5.3% Q-o-Q.
Infosys has 1,33,560 employees on its payroll as of Jun 30th 2011. The company added 26 new clients in the last quarter. Infosys stock was hammered in the market today after the announcement of the results today. Infosys stock fell by almost 5% in the opening trade and touched intra day lows of 2749 levels and finally closed at 2794 in sensex. TCS Quarterly results will be announced on July 14,2011.
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