Infosys Technologies results inline with Expectation , But market dint respect it

• Author: kalyan
• Filed under: Infosys, Technology
• Date: Oct 11,2007

Infosys Technologies has announced its second quarter numbers. The company has posted just 1.9% growth in its second quarter numbers at Rs 1100 crore as against Rs 1,079 crore in previous quarter of the same year.

Its consolidated net sales surged by 8.8% to Rs 4,106 crore versus Rs 3,773 crore (QoQ). The operating profit margin increased to 31.27% from 28.73%.

Foreign exchange hedge stood at USD 1.4 billion as on September 30, 2007 and other income was down at Rs 154 crore versus Rs 253 crore. Offshore revenues iincreased to 51.2% versus 50.3% QoQ.

Infosys Q3 2006-2007 results on january 11th 2007 – what to expect

• Author: kalyan
• Filed under: Infosys, Results
• Date: Jan 1,2007

Infosys Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 11, 2007, to consider:
1. The audited financial results of the company as per Indian GAAP for the third quarter and nine months ending December 31, 2006 (Q3).
So this will decide the starting of the 2007 market move , normally It company drive the market when it comes to the market movement during the results time , during previous results they have give a very good guidance, will see if they stand by it.
Guidance given by Infosys
Quarter ending December 31, 2006**
- Income is expected to be in the range of Rs 3,602 crore and Rs 3,625 crore; YoY growth of 42.3% 43.2%
- Earnings per share* are expected to be Rs 16.84; YoY growth of 42.2%
Fiscal year ending March 31, 2007**
- Income is expected to be in the range of Rs 13,853 crore and Rs 13,899 crore; YoY growth of 45.5% 46.0%
- Earnings per share* are expected to be Rs 66; YoY growth of 46.6%

Infosys Technologies Ltd to inaugurate the Jaipur center of Infosys BPO

• Author: Ganapathy
• Filed under: Infosys
• Date: Dec 15,2006

Infosys Technologies Ltd has announced that The Chief Minister of Rajasthan, Smt. Vasundhara Raje, will inaugurate the Jaipur center of Infosys BPO at Sitapura on December 16, 2006. The Rs 20 crore facility has a built-up area of over 68,000 square feet and is capable of accommodating 900 people. It currently houses about 125 BPO professionals who manage business processes for global clients. The facility has been in operation since August 2006.