Infy Q3 Results | Infosys Third Quarter Earnings

Infy Q3 Results | Infosys Third Quarter Earnings

Infosys Technologies’ third quarter earnings have come in higher than street estimates. The IT bellwether’s Q3 FY10 net profit is up 2.73% at Rs 1,582 crore as against Rs 1,540 crore in the previous quarter. Revenues are up 2.8% at Rs 5,741 crore as compared to Rs 5,585 crore. At 9:34 am, the share was quoting at Rs 2,572.5, up Rs 83.95, or 3.37%. So, what do experts make of these numbers?

An earnings per share of Rs 125-130 in FY11. Katri too feels the IT major may report an EPS of USD 3 (Rs 135) for CY11. Viju George, IT Analyst, Edelweiss Capital, too expects an upgrade in FY12 EPS estimates of around Rs 142-143.

The results will also be available on Infosys’ website www.infosys.com.

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