>> Wednesday, April 15, 2009
IT bellwether Infosys Technologies posted a net profit of Rs 1613 crore for the quarter ended March 31, 2009 as against Rs 1641 crore in the Oct-Dec quarter, which translates a fall of 1.73 per cent in net profit on a sequential basis.
Net sales stood at Rs 5635 crore in the fourth quarter compared with Rs 5786 crore for the Oct-Dec quarter.
On a consolidated basis, the IT major has reported a net profit of Rs 5988 crore for the quarter ended Mar 31, 2009 compared with Rs 4659 crore in the corresponding quarter last year.
The company has announced an earnings guidance of Rs96.65- Rs101.18 per share for FY2010.
Infosys has recommended a final dividend of Rs.13.50 per share (270% on an equity share par value Rs 5). - Economic Times