Infosys today reported 14% increase in cash and cash equivalents, including investments in mutual funds, as on September 30, 2006 at Rs 4,327 crore as against Rs 3,793 crore as on September 30, 2005. "During the quarter, Infosys incurred capital expenditure of Rs 330 crore. Operating cash flows during the quarter ended September 30, 2006 stood at Rs 961 crore as against Rs 629 crore in Q2FY06."The rupee depreciated marginally during the quarter with consequent benefit to us," V Balakrishnan, chief financial officer, said. "Our operating margins also improved despite absorbing wage increases and strategic investments."
