Infosys ups guidance value, net profit up by 51.5 per cent YOY

By Staff
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Google Oneindia News

Bangalore, Jan 11 (UNI) Posting a net profit of Rs.983 crore, up 51.5 per cent year on year during the third quarter ended December 31, 2006. Software major Infosys Technologies today revised upwards its guidance value for the current fiscal by 46.1 per cent to 46.2 per cent.

Briefing newsmen on Q3 results Infosys Managing Director and CEO Nandan Nilekani said the company had reported a turnover of Rs.3655 crore during the third quarter registering a 44.4 per cent year on year increase.

Mr Nilekani said ''our investment in enriching and synergising our portfolio of services have created compelling value proposition to our clients''.

The company hoped to end the year with a total turnover of Rs.13,910 crore to Rs.13,919 crore recording a 46.1 to 46.2 per cent year on year increase.

Infosys had added 43 new clients during the year with net addition to staff being 3282. As on December 31 the company had a staff strength of 69,432.

UNI

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