• Most Popular
  • Most Shared

Infosys sees Sept qtr net profit down 8.9-10.7 pct

Thu Jul 9, 2009 11:56pm EDT

Stocks

   

MUMBAI, July 10 (Reuters) - Infosys Technologies Ltd (INFY.BO), India's No. 2 software exporter, said on Friday its dollar denominated revenues for the September quarter would drop 7.1 to 8.7 percent from a year earlier as short-term global economic environment continued to be challenging.

Stocks  |  Global Markets

Its consolidated earnings per share are seen dropping 8.9 to 10.7 percent, the company said in a statement.

The outsourcer beat market expectations with a 17.2 percent rise in net profit for the June quarter at 15.27 billion rupees ($314 million). [ID:nBMA003308] (Reporting by Janaki Krishnan; Editing by Ranjit Gangadharan)

Stocks
Global Markets


More from Reuters

Photo

Microsoft loses Word appeal, will adjust program

SEATTLE (Reuters) - Microsoft Corp said on Tuesday it will tweak its Word application to remove a feature judged to be a breach of patent, ensuring that it will be able to continue selling one of its most widely used programs.

» More Top News
Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

Technology
Soldiers look on as U.S. Secretary of Defense Robert Gates speaks to soldiers at F.O.B. Warrior in Kirkuk, Iraq December 11, 2009. REUTERS/Justin Sullivan/Pool

Are you pregnant? Sir! No, Sir!

There are some 115,000 U.S. troops in Iraq -- and one commander wants to make sure his soldiers don't multiply.  Full Article 

Politics