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Infosys Q2 net up at Rs 1,432 cr; beats forecast
October 10, 2008
Outlook under Indian GAAP - consolidated
Quarter ending December 31, 2008*
Income is expected to be in the range of Rs. 5,519 crore and Rs. 5,730 crore; YoY growth of 29.2% – 34.2%
Earnings per share is expected to be Rs. 26.63; YoY growth of 23.6%**
Fiscal year ending March 31, 2009*
Income is expected to be in the range of Rs. 21,309 crore and Rs. 21,731 crore; YoY growth of 27.7% – 30.2%
Earnings per share*** is expected to be Rs. 101.06; YoY growth of 24%
* Conversion 1 US$ = Rs. 46.97
** Including tax reversal of Rs. 50 crore for the quarter ended December 31, 2007. Excluding the tax reversal the YOY growth is expected to be 28.9%.
*** Including tax reversal of Rs. 31 crore in fiscal 2009 and Rs.121 crore in fiscal 2008 respectively. Excluding the tax reversal the earnings per share is expected to be Rs.100.51 for the year ending March 31, 2009; YoY growth of 26.6%
Image: Infosys campus in Bangalore | Photographs: Courtesy, Infosys
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