Infosys Q4 net profit up 21 pc at Rs 4,659 cr

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Bangalore, April 15: Software giant Infosys Technologies announced Q4 net profit of Rs 1,249 crore (up 9% YoY) as compared to Rs 1,231 crore in previous quarter and revenue at Rs 4,542 crore (20 per cent YoY) versus Rs 4,271 crore, QoQ. It has posted FY08 net profit of Rs 4659 crore as against Rs 3856 crore in FY07 and net sales at Rs 16692 crore versus Rs 13893 crore. The company says they have added one USD 300 million client in Q4 and in total, added 40 clients during the quarter. Net addition of employees
stood at 5947.

Besides, Infosys has decided to increase the dividend pay-out ratio to up to 30 per cent of net profits effective from fiscal 2009, the company added. The company has recommended a final dividend of Rs 7.25 per share (145% on an equity share par value Rs.5) and a special dividend of Rs.20/- per share (400% on an equity share par value Rs 5). The IT bellwether expects revenues to grow 19-21 per cent and is likely to reach $5 billion in fiscal 2009.

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