Friday, July 10, 2009

Infosys Technologies announced first quarter results Ended June 30, 2009

Infosys

Infosys Technologies, India's second largest software services company, has announced its Q1 2010 results, the quarter ended June 30th 2009.

For the month ended June 30, Infosys revenues were down 3 per cent to Rs 5,472 crore vs Rs 5,635 crore in the previous quarter. It's EBITA margins improved to 34.1 per cent from 30.4 per cent a quarter earlier.

The company’s net sales were down 3% at Rs 5,472 crores versus Rs 5,636 crores (QoQ).

However, the Q1 results met the rupee guidance.

On year-on-year basis, the Nasdaq-listed firm’s consolidated net profit rose 17.28% to Rs 1,527 crores in April-June, from Rs 1,302 crores a year ago.

The income of the company from software services, products and business process management stood at Rs 5,472 crore for the Q1, 12.73% up from Rs 4,854 crore in the corresponding period a year-ago.

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