* Dollar guidance revised upwards; Rupee guidance revised downwards, reflecting appreciating Rupee |
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Bangalore, India "� July 11, 2007: |
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Highlights |
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Consolidated results for the quarter ended June 30, 2007 |
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"� Income was Rs. 3,773 crore for the first quarter ended June 30, 2007; YoY growth was 25.1% |
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"� Net profit after tax* was Rs. 1,079 crore for the quarter ended June 30, 2007; YoY growth was 34.5% |
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"� 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% |
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* 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%. |
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Others |
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"� 35 new clients were added during the quarter by Infosys and subsidiaries |
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"� Gross addition of 7,004 employees (net 3,730) for the quarter by Infosys and subsidiaries |
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"� 75,971 employees as on June 30, 2007 for Infosys and subsidiaries |
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"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." |
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Click here for the complete press release |
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