Infosys Technologies Q3 FY11 Results : Net increased 14.20%

by khalid on 15/01/2011 · 0 comments

Infosys Technologies has posted a phenomenal increase in net profit for the period Q3 (ending Dec 2011) of the current fiscal (FY11). During the said quarter, net profit rises 14.20% to Rs 1780 crore in comparison to the Rs 1569 crore of Q3 (ending Dec 09) of previous year(FY10). Infosys Technologies Ltd. is the second-largest IT company in India. The company posted revenue growth below market expectations in the third quarter ended December 2011.

The company informed the share market(BSE) that the total income increased 23.80% to Rs 7106 crore in quarter ended Dec 2011 when compared with the last years same quarter ended Dec 2009 which was Rs 5641 crore. The company expecting more clients as the retail, banking and manufacturing sectors are spending and telecom will also start spending more next year.

Share’s Data :-
BSE Code : 500209
Mkt. Cap: Rs 183,791.93 Crores
Infosys Technologies Ltd. share’s CMP is Rs 3,201.95 on 14th Jan 2011.

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