MUMBAI: Infosys Technologies Ltd, the second largest services exporter in the country today posted a net profit after tax and exceptional items of Rs 10740 million for the quarter ended September 30, 2007 as compared to Rs 8960 million for the quarter ended September 30, 2006.
The Bangalore-based IT firm informed the BSE that its total Income has increased from Rs 33390 million for the quarter ended September 30, 2006 to Rs 40050 million for the quarter ended September 30, 2007.
The consolidated results of the company are as follows:
The group has posted a net profit after tax, exceptional items and minority interest of Rs 11000 million for the quarter ended September 30, 2007 as compared to Rs 9290 million for the quarter ended September 30, 2006.
Total income has increased from Rs 35170 million for the quarter ended September 30, 2006 to Rs 42600 million for the quarter ended September 30, 2007.
The company also informed BSE that the Board of Directors of the company at its meeting held on October 11, 2007, inter alia, has declared an interim dividend of Rs 6 on each equity share (120 per cent on a par value of Rs 5 per share).
The company’s outlook (consolidated) for the quarter ending December 31, 2007 and the fiscal year ending March 31, 2008, under Indian GAAP and US GAAP, is as follows:
For the fiscal year ending March 31, 2008, the company expects the Income to be in the range of Rs 165880 million and Rs 166480 million; YoY growth of 19.4 per cent – 19.8 per cent.
Earnings per share are expected to be in the range of Rs 79.49 – Rs 79.88; YoY growth of 15 per cent - 15.6 per cent.