Infosys Q3 Net Up 10.42%

Infosys Technologies has declared the results for the three months period ended December 30, 2007.

The IT leader has announced a 10.42 percent jump in its quarterly
net profit, which stood at Rs 1,186 crore as compared to Rs 1,074 crore
in the last quarter ended September 30, 2007.

For the October-December quarter, the company’s net sales have seen
a rise of 3.54 percent at Rs 3,999 crore against Rs 3,862 crore for the
quarter ended September 30, 2007.

On consolidated basis, net profit for the quarter ended December is
Rs 1,231 crore against Rs 1,100 crore for the September quarter. This
represents a growth of 11.9 per cent sequentially. Net sales for the
quarter is Rs 4,271 crore against Rs 4,106 crore for the quarter ended
September, a growth of 4.01 per cent.

For quarter ending March 31, 2008, Infosys anticipates income to be
in the range of Rs 4,477-4,501 crore, a year-on-year growth of
18.7-19.3 per cent. Earning per share is expected to be Rs 21.38,
year-on-year growth of 5.3 per cent.

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