| Infosys Q4: Net soars 70%, income up 44% |
| Our Web Bureau / Mumbai April 13, 2007 |
| Infosys today reported a 70% increase in Q4FY07 consolidated net profit at Rs 1,144 crore when compared with Rs 673 crore in Q4FY06. According to a release issued by Infosys to the BSE, total income increased 44.3% to Rs 3,891 crore from Rs 2,696 crore. For the full-year ended March 31, 2007, the company's bottomline was up 57% at Rs 3,856 crore from Rs 2,458 crore in FY06. Total income increased to Rs 14,265 crore from Rs 9,660 crore. The board of directors has proposed a final dividend of Rs 6.50 per share, i.e 130% on a equity share with a face value of Rs 5 each. Infosys, in its forecast for Q1FY08, said income is expected to be in the range of Rs 3,896 crore and Rs 3,913 crore - a year-on-year growth of 29.2% - 29.8%. Earnings per share (EPS) for the quarter ending June 30, 2007 is expected to be Rs 17.84, a year-on-year growth of 24.2%. For the full-year ending March 31, 2008, the company is expecting income to rise to Rs 17,038- Rs 17,308 crore - a growth of 22.6% |
