Tuesday, October 11, 2011

Infosys Q2 profit seen up 9.9% at Rs 1891 cr


Country's second largest software services exporter Infosys is set to report a growth of 9.9% quarter-on-quarter in profit of Rs 1,891 crore for the second quarter of FY12, according to CNBC-TV18 estimates. Net profit for the previous quarter of current financial year was Rs 1,720 crore.






Revenues are expected to jump 7.9% to Rs 8,080 crore as against Rs 7,485 crore, quarter-on-quarter basis.


CNBC-TV18 expects earnings per share of Infosys to rise by 9.1% to Rs 32.9 in the quarter ended September 2011.


Earning before interest and tax (EBIT) for the July-September quarter of 2012 is likely to be at Rs 2187 crore, a growth of 12% compared to Rs 1952 crore in previous quarter.



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