Friday 11 October 2013

Infosys ups FY14 guidance to 9-10%

Consolidated PAT (inclusive exceptional items) at Rs 2,410 crore

Infosys today raised its FY14 guidance to 9-10% from 6-10%.

The company reported consolidated PAT (inclusive exceptional items) at Rs 2,410 crore. It reported  a one-time visa settlement charge of Rs 219 crore.

Consolidated Q2 revenues stood at Rs 12,965 crore while consolidated EBIT margin came in at 23.6%. The consolidated adj EBIT was Rs 3,056 crore.

On a standalone basis, Infosys Q2 income stood at Rs 11,482 crore vs Rs 9,959 crore q-o-q. Standalone net profit was at Rs 2,326 crore vs Rs 2,250 crore q-o-q.

Consolidated dollar revenue up 3.76% q-o-q at $2,066 million.

In pre-opening, Infosys opened at the highest level since Jan 2011.

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