October 15, 2011(My Yahoo Piece on Infy results) Infosys announced Q2 results (September 2011) today, beating expectations substantially. Revenues were up 8% from last quarter to 8099 cr. and Net profits up 9.73% from last year, to 1906 cr. The stock is up 5% and has lifted the index up with it, with both the Nifty and [...]
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October 11, 2011The Infosys stock is down 3.5% to 2,500 as we speak, and it’s a result day tomorrow. Result days are big for the INFY stock; the chart of the day shows the movement of the INFY stock the day before, and on the result day itself. The last five quarters have seen huge negative moves [...]
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July 13, 2011From my post at Yahoo: Infosys announced Q1 FY 2012 results today. In a dull quarter, they produced a Quarter on Quarter (QoQ) increase of 3.2% in revenue, with net profits falling about 5% from the March quarter. The Year-on-Year (YoY) Net Profit growth printed 15% due to a lower Q1 last year. Revenues went [...]
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May 26, 2011The can of worms might just be opened. Infosys Technologies filed that it has been subpoena’d by a Grand Jury in the US, to provide information about its B-1 visas to employees. A U.S. Employee filed a lawsuit against INFY after he refused to help issue temporary B-1 visas for certain workers, and this seems [...]
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April 15, 2011Infosys announced results today and the markets are not happy, with the stock down severely. I don’t think the results are necessarily worse than expected – after all, they met expectations having given a full-year guidance of 119 on EPS given last qua…
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January 13, 2011Infy announces results. They aren’t that great. Revenues above 7,000 crores. Grew that over 20%. Net profit at 1,780 crores, which is 14% growth. EPS at 31.14 for the quarter (14% growth) Trailing Twelve Month EPS at 115.6 which is j…
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April 13, 2010Infosys announced their Q4 results, with a profit DECLINE year-on-year, of 0.9% to 1,600 cr. EPS has gone down to Rs. 28.02 from 28.33, which is a 1% decline. Revenues are up 5.5% over last year, ending at 5944 cr. for the quarter, and while profit bef…
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