Infosys Q2 net profit up 33%

 While the net profit grew 33 per cent to Rs 300 crore, the top line grew 29 per cent to Rs 1,135 crore.

 The earnings per share (EPS) increased to Rs 45.30 from Rs 34.10 in the corresponding period last year. Infosys has raised its EPS guidance for the full year to Rs 178.80-179.30 from 169.20-169.80 issued with its first-quarter results. Revenues are expected to be in excess of $1 billion in 2003-04.

 For the third quarter ending December 31, 2003, the company issued a revenue guidance of Rs 1,171-1,181 crore (EPS of Rs 45.50-45.60).

 Infosys also declared an interim dividend of Rs 14.50 per share, which is 290 per cent on an equity share of par value of Rs 5.