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2010 Infosys Technologies announced 4th Quarterly Earnings Results with Net Profit Grow Situation. Infosys 31st March 2010 Net Profit Growing Result Is Display here you can see all Infosys Profit Earning Result with Perfect Figure
IT major company Infosys Technologies has announced its earnings for the fourth quarter (infosys q4 results).
Basis of Consolidated, The Infosys Technologies company’s 2.21% net profit grew Rs 1617 crore for the quarter ended 31st March, 2010 as against Rs 1582 crore in the sequential period.
Net sales was at Rs 5944 crore in the March quarter from Rs 5741 crore in the October-December period.
Net sales stood at Rs 22,742 crore for the year ended March 31, 2010 against Rs 21693 crore in the corresponding period previous year.
The company has recommended a final dividend of Rs.15 per equity share.
Revenues during the period stood at Rs 5,944 crore.
The Infosys company has recommended final dividend of Rs 15/ per share.
Hero Honda has slipped 4% to Rs 2,003 and Infosys is down 1.5% at Rs 2,644.
Reliance Communication, Tata Motors, Sterlite, ICICI Bank have slipped 1% each.
Hindustan Unilever, Wipro, BHEL and Tata Power have added 0.5% each at Rs 225, Rs 706, Rs 2,541 and Rs 1,350, respectively.
The Infosys company has reported 4.64 per cent arise in net profit at Rs 6266 crore for the year ended March 31, 2010 as against Rs 5988 crore in the same period previous year.
Infosys, sector leader Tata Consultancy Services, and third-ranked Wipro have revived hiring, signaling improving demand for the outsourcing industry.
But the export-driven firms, which handle complex computer networks and maintain technology operations for many Fortune 500 companies, are facing pressure on profit margins from a stronger rupee, rising wages and competition from global players.
Infosys shares, valued at $35 billion, grew 0.4 percent in Jan-March in line with the broader market and slightly lagging a 1 percent rise in the sector index.
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