Infosys Technologies Ltd. has reported Q4 FY12 consolidated net profit of Rs 23.16bn versus Rs 23.72bn in the preceding quarter.
Infosys' consolidated revenues for Q4 FY12 stood at Rs 88.52bn versus Rs 92.98bn in the quarter ended Dec. 31, 2011.
Revenues for Q4 FY12 were expected to be in the range of Rs 93.91bn and Rs 94.12bn.
Infosys Q4 FY12 other income stood at Rs 6.52bn.
Infosys Q4 FY12 earnings per share (EPS) stood at Rs 40.54 vs. Rs 41.51 in the third quarter of FY12.
The EPS was expected to be Rs 42.12.
Infosys said that it will pay a special dividend of Rs 10 per share, taking the final dividend to Rs 22 a share for FY12 on completion of 10 years of Infosys BPO operations.
The Register and Share Transfer Books of the Company will be closed from May 26, 2012 to June 9, 2012 (both days inclusive).
Other Highlights:
- 52 clients were added during the quarter by Infosys and its subsidiaries.
- Gross addition of 10,676 employees (net addition of 4,906) for the quarter by Infosys and its subsidiaries.
- 1,49,994 employees as on March 31, 2012 for Infosys and its subsidiaries.
“The year ahead looks challenging for the IT services industry, with slow recovery in the global markets,” said S. D. Shibulal, CEO and Managing Director. “We are executing on our Infosys 3.0 strategy which is meant to deliver high quality growth in the medium to long term. We are making investments and have put in place a structure to deliver on this strategy.”
As on March 31, 2012, cash and cash equivalents, including investments in available-for-sale financial assets and certificates of deposits was Rs 20,968 crore (Rs 16,810 crore as on March 31, 2011).
"We had a very difficult quarter with revenues declining sequentially. Our focus on high quality growth coupled with strong financial discipline helped us to deliver on EPS guidance in US dollar terms,” said V. Balakrishnan, Member of the Board and Chief Financial Officer. “The global currency market volatility continues to be a challenge for the industry.”
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