<http://business.rediff.com/slide-show/2009/oct/09/slide-show-1-tech-infosys-q2-net-up-7-point-5-percent-at-rs-1540-crore.htm#write> *Next* <javascript:;;>
Software major Infosys Technologies reported 7.54 per cent rise in consolidated net profit after tax at Rs 1,540 crore (Rs 15.4 billion) for the quarter ended September 30, 2009. The software firm had a net profit of Rs 1,432 crore (Rs 14.32 billion) in the second quarter of the previous fiscal, Infosys said in a filing to the Bombay Stock Exchange. "In the second quarter, the business climate has improved," Infosys CEO and managing director S Gopalakrishnan said. Total income stood at Rs 5,821 crore (Rs 58.21 billion), showing an over six per cent rise, at the end of the September quarter of the current fiscal. The board declared an interim dividend of 200 per cent at the rate of Rs 10 a share. The company added 35 new clients during the quarter. "Clients are now looking to invest in a few strategic initiatives and relationships to maximise value from opportunities when the economic downturn ends," he added. For the half year ended September 30, the net profit rose by over 12 per cent to Rs 3,067 crore (Rs 30.67 billion). Infosys chief financial officer V Balakrishnan said, the global currency market continue to be extremely volatile, even though we have seen some stability in the rupee against the US dollar this quarter. *Highlights* - Consolidated results for the quarter ended September 30, 2009 - Income was Rs 5,585 crore (Rs 55.85 biillion) for the quarter ended September 30, 2009; YoY growth was 3.1 per cent - Net profit after tax was Rs 1,540 crore (Rs 15.4 billion) for the quarter ended September 30, 2009; YoY growth was 7.5 per cent. - Earnings per share increased to Rs. 26.86 from Rs. 25.02 in the corresponding quarter of the previous year; YoY growth was 7.4 per cent - Declared an Interim dividend of Rs. 10 per share which is 200% on par value of Rs. 5 per share ( same as previous year) *Image: *Kris Gopalakrishnan, CEO and Managing Director, Infosys Technologies Ltd. *Photographs: *Fred Prouser/Reuters http://business.rediff.com/slide-show/2009/oct/09/slide-show-1-tech-infosys-q2-net-up-7-point-5-percent-at-rs-1540-crore.htm --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
