News Business Infosys Q3 net profit flat, revises FY13 dollar guidance to $7.45 billion

Infosys Q3 net profit flat, revises FY13 dollar guidance to $7.45 billion

New Delhi, Jan 11: India's No.2 software services provider, posted a stronger-than-expected quarterly profit at Rs 2,369 crore, against an estimate of Rs 2,244 crore.The company reported a sequential revenue growth of 5.7 per cent

infosys q3 net profit flat revises fy13 dollar guidance to 7.45 billion infosys q3 net profit flat revises fy13 dollar guidance to 7.45 billion
New Delhi, Jan 11: India's No.2 software services provider, posted a stronger-than-expected quarterly profit at Rs 2,369 crore, against an estimate of Rs 2,244 crore.



The company reported a sequential revenue growth of 5.7 per cent to Rs 10,424 crore in rupee terms which includes revenues from the purchase of Switzerland-based consulting firm Lodestone.

Infosys, whose customers include Bank of America Corp and BT Group, revised its full year dollar guidance upwards at $7.45 billion which is better than $7.34 billion projected by the management earlier.

The company reported outsourcing deals worth $ 731 million of the total contract value. The IT major has made a gross addition of 7,499 employees (net addition of 977) for the quarter by Infosys and its subsidiaries.

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