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Infosys Net Up 10 Percent in Second Quarter

  •   Wed, Oct 12 2011 09:58:34 AM

Bangalore, Oct 12 (IANS): Infosys Ltd posted net profit of Rs.1,906 crore for the second quarter (July-Sep) of this fiscal (2011-12), registering 10 percent year-on-year (YoY) growth and 11 percent sequentially according to the Indian accounting standards.

In a regulatory filing Wednesday, the IT bellwether said its consolidated revenue for the quarter under review (Q2) grew 17 percent YoY to Rs.8,099 crore and eight percent sequentially.

Earnings per share (EPS) at Rs.33.36 is 9.7 percent higher YoY and 11 percent sequentially.

Under the International Financial Regulatory System, net income at $411 million is 10 percent up YoY and seven percent sequentially, while revenue grew 17 percent YoY to $1.75 billion and 4.5 percent sequentially.
  

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