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Infosy Q1 revenue up 25.1% YoY

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Announcement Corporate
Last Updated : Feb 05 2013 | 1:36 AM IST
* Dollar guidance revised upwards; Rupee guidance revised downwards, reflecting appreciating Rupee
 
 
Bangalore, India "� July 11, 2007:
 
 
Highlights
 
 
Consolidated results for the quarter ended June 30, 2007
 
 
"� Income was Rs. 3,773 crore for the first quarter ended June 30, 2007; YoY growth was 25.1%
 
 
"� Net profit after tax* was Rs. 1,079 crore for the quarter ended June 30, 2007; YoY growth was 34.5%
 
 
"� Earnings per share* increased to Rs. 18.89 from Rs. 14.36 for the corresponding quarter in the previous year; YoY growth was 31.5%
 
 
* The net profit for the quarter ended June 30, 2007 includes a reversal of tax provisions amounting to Rs. 51 crore. Excluding this reversal, the earnings per share for the quarter would have been Rs. 18.00 resulting in a YoY growth of 25.3%.
 
 
Others
 
 
"� 35 new clients were added during the quarter by Infosys and subsidiaries
 
 
"� Gross addition of 7,004 employees (net 3,730) for the quarter by Infosys and subsidiaries
 
 
"� 75,971 employees as on June 30, 2007 for Infosys and subsidiaries
 
 
"As clients recognize the strategic imperative of global sourcing in an increasingly flat business world, the demand for large end-to-end players like Infosys continues to be strong," said S. Gopalakrishnan, CEO and Managing Director. "We continue to focus on being a partner of choice to our customers."
 
 
Click here for the complete press release

 
 

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First Published: Jul 11 2007 | 12:00 AM IST

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