Wednesday, January 10, 2007

Infosys Q3 2006-2007 results - seen a growth of 5.91% in revenue

The Company has posted a net profit after tax & exceptional items of Rs 9580 for the quarter ended December 31, 2006 as compared to Rs 6420 million for the quarter ended December 31, 2005. Total Income has increased from Rs 23960 million for the quarter ended December 31, 2005 to Rs 35140 million for the quarter ended December 31, 2006.The Group has posted a net profit after tax, exceptional item and minority interest of Rs 9830 million for the quarter ended December 31, 2006 as compared to Rs 6490 million for the quarter ended December 31, 2005. Total Income has increased from Rs 25270 million for the quarter ended December 31, 2005 to Rs 37140 million for the quarter ended December 31, 2006.The company reported net profit at Rs 983 crore (Rs 9.83 billion) in the third quarter, up 5.81% versus Rs 929 crore (Rs 9.29 billion) in the previous quarter.The company's revenues were up 5.91% at Rs 3655 crore (Rs 36.55 billion) versus Rs 3451 crore (Rs 34.51 billion) QoQ.

Infosys added 43 new clients in the third quarter and net employees addition were 3282. The BPO arm has seen 20% QoQ growth.Infosys Guidance Q4 Revenues seen at Rs 3789 - 3798 crore, EPS at Rs 17.88 FY07 Revenues seen at Rs 13910 - 13919 crore, EPS at Rs 66.63

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