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IT industry continues to face global economic uncertainties: Shibulal

India Infoline News Service/ 09:46 , Oct 12, 2012

These initiatives will position us well in the industry and provide a strong platform for future growth

“Global economic uncertainties continue to face the industry,” said S. D. Shibulal, CEO and Managing Director. “We have increased employee wages, used some of our cash in a transformational acquisition of a consulting business and enhanced our investment in R&D and solutions. These initiatives will position us well in the industry and provide a strong platform for future growth.”

Highlights
Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended September 30, 2012
Revenues were Rs9,858 crore for the quarter ended September 30, 2012; YoY growth was 21.7%
Net profit after tax was Rs2,369 crore for the quarter ended September 30, 2012; YoY growth was 24.3%
 Earnings per share (EPS) was Rs41.46 for the quarter ended September 30, 2012; YoY growth was 24.3%

Other highlights:
39 clients were added during the quarter by Infosys and its subsidiaries
Gross addition of 10,420 employees (net addition of 2,610) for the quarter by Infosys and its subsidiaries
1,53,761 employees as on September 30, 2012 for Infosys and its subsidiaries
Declared an interim dividend of `15 per share. The record date for the payment of dividend is October 19, 2012.

 



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