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Infy revenue growth
By Sumir Singh

Infosys has announced results for the Quarter ended June 30, 2012

Highlights

- Revenues were $1,752 million for the quarter ended June 30, 2012; YoY growth was 4.8%
- Net income after tax was $416 million for the quarter ended June 30, 2012; YoY growth was 8.3%
-  Earnings per American Depositary Share (EPADS) was $0.73 for the quarter ended June 30, 2012; YoY growth was 9.0%
- 51 clients were added during the quarter by Infosys and its subsidiaries
- Gross addition of 9,236 employees (net addition of 1,157) for the quarter by Infosys and its subsidiaries
- 151,151 employees as on June 30, 2012 for Infosys and its subsidiaries

“Our focus on Infosys 3.0 and building tomorrow’s enterprise coupled with disciplined execution will help us deliver high-quality growth, despite challenges seen in the global economic situation resulting in slower IT spends by large corporations,” said S. D. Shibulal, CEO and Managing Director.

The company’s outlook (consolidated) for the fiscal year ending March 31, 2013, under IFRS is as follows:

- Revenues are expected to be at least $7.343bn; YoY growth of 5.0% (6% in constant currency terms)
- Earnings per American Depositary Share (EPADS) is expected to be at least $3.03; YoY growth of 1.0%


(7/12/2012)
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