Infosys net down 1% at Rs 2,289 crore for quarter ended in June, EBIT up marginally at Rs 2,693 cr, EPS drops to Rs 40.06, Latest Stock Price
IT-major Infosys reported a marginal decline of 1.2% in consolidated net profit at Rs 2,289 crore for the quarter ended June 2012. It was Rs 2,316 crore in the previous quarter ended March 31.
On yearly basis, the company's net profit jumped 33% from Rs 1,720 crore in the same period a year ago.
Earnings before interest and taxes increased marginally by 1.7% to Rs 2,693 crore as against Rs 2,647 crore in the previous quarter.
Revenues rose 8.6% to Rs 9,616 crore from Rs 8,852 crore in the previous quarter. The dollar revenue dropped 1.1% to $1,752 million as compared to $1,771 million in the quarter ended March 31, 2012.
On quarterly basis, the EBIT margins declined to 28% from 29.9% in the previous quarter.
During the quarter, the IT bellwether added 51 clients and sees it FY13 revenue at $7.3 billion.
Earnings per share (EPS) also dropped 1.2% to Rs 40.06 from Rs 40.54 in the previous quarter.
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