Mumbai: Country's second largest software services exporter Infosys has reported a growth of 10.81 per cent in net profit for the quarter ended September 2011.
Net profit was at Rs 1,906 crore in second quarter of FY12 as against Rs 1,720 crore in previous quarter. It came above the street estimates; CNBC-TV18 expected profit at Rs 1,891 crore.
Revenues increased 8.2 per cent to Rs 8,099 crore as against Rs 7,485 crore during the same period. CNBC-TV18 expected it at Rs 8,080 crore.
Earnings per share for the July-September quarter of 2011 was at Rs 33.3 as against Rs 30.14 in the previous quarter. Expectation was at Rs 32.19.
Dollar revenues growth for FY12 lowered to 17.1-19.1 per cent as against earlier guidance of 18-20 per cent.
Company has upped its full year guidance for earnings per share to Rs 143.02-145.26 as against earlier of Rs 128.20-130.08.
Infosys sees revenue for FY12 in the range of Rs 33,501-34,088 crore.
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