Also, the board has declared a final dividend of Rs 20 per share on every share of Rs 5 held for the full fiscal.
The country’s second largest software major earned a net profit of Rs 1,600 crore during the March quarter of the previous fiscal (2009-10),the company said in a filing to the Bombay Stock Exchange.
However, analysts said the market was expecting 3.3-6.7 per cent growth in Infosys’ consolidated net profit between Rs 1,839.40 crore and Rs 1,899.20 crore for the quarter ended March 31, 2011.
Income from software services, products and business process management rose to Rs 7,250 crore during the fourth quarter from Rs 5,944 crore in the year-ago period, up 22 per cent.
The company, while announcing its third quarter results earlier, had given Q4 revenue guidance in the range of Rs 7,157 crore-Rs 7,230 crore, and anticipated revenue for the full year ending March 31, 2011, in the range of Rs 27,408 crore-Rs 27,481 crore, the statement added.
Further, as on March 31, 2011, cash and cash equivalents, including investments in available-for-sale financial assets and certificates of deposits stood at Rs 16,810 crore against Rs 15,819 crore as on March 31, 2010.
“We expect the demand environment to be normal this year for the industry. We have created a structure with strong customer driven vertical focus and have enhanced our investment to take advantage of the opportunities we see in the market,” said the Infosys CEO and managing director, S. Gopalakrishnan.
The company expects revenue in the range of Rs 7,311 crore-Rs 7,382 crore for the quarter ending June 30, 2011, and in the range of Rs 31,727 crore-Rs 32,270 crore for the financial year FY’12.
Y-o-Y growth up 10 p.c
For the year ended March 31, the company posted a consolidated net profit of Rs 6,823 crore, up nearly 9.7 per cent over the year-ago period.
It reported a consolidated income during the fiscal under review (FY 2011) was Rs.27,501 crore, an increase of 21 per cent YoY.
Infosys, which has Goldman Sachs, BT Group and BP Plc among its clients, added 34 clients during the quarter.
At the end of March 31, the company had 1,30,820 employees, which includes a gross addition of 8,930 staff during the fourth quarter.