Blog for Indian Financial Market, Know About IPO,Mutual Fund and Capital Market in one Blog
Tuesday September 2nd 2014

Infosys Technologies announces Q3 FY08 Results

Infosys Technologies Ltd has posted a net profit after tax & exceptional items of Rs 11860 million for the quarter ended December 31, 2007 as compared to Rs 9580 million for the quarter ended December 31, 2006.
Total Income
Total Income has increased from Rs 35140 million for the quarter ended December 31, 2006 to Rs 41510 million for the quarter ended December 31, 2007.
Points to Note
> Net Profit Includes Reversal Of Tax~Provision Of Rs 50 Cr
> It has paid $26 m Overtime To Settle California Wage Issue
> The Calculated conversion rate is 39.41/$
> It Adds One $100 m Client.
> Onsite Billing Rates Up 1%
> Offshore Rates Up 2.5%