Infosys Results | Infosys Share Prices| CNBC TV18| Infosys Quarter Results 2011
infosys, ixigo, cnbc tv18, sbi share price, mmt Infosys Results, Infosys Share prices market, Infosys update, Infosys Quarter results 2011, Report submitted by Infosys for fiscal year 2011 first quarter.
Revenues were 7,485 crore for the quarter ended on June 30, 2011;QoQ growth was 3.2%; YoY growth was 20.8%
Net profit after tax was 1,722 crore for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%
Earnings per share (EPS) was 30.14 for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%
Selling pressure triggerd across the sectors as the domestic market was disappointed on weak Infosys results and sluggish May industrial output. Global cues too was dampener as heavy sell off was seen in early trade of European markets
26 clients were added during the quarter by Infosys and its subsidiaries
Gross addition of 9,922 employees (net addition of 2,740) for the quarter by Infosys and its subsidiaries
1,33,560 employees as on June 30, 2011 for Infosys and its subsidiaries
BSE IT index has underperformed all other sectoral indices; down over 3% on the back of below expectation Infosys Q1 results. The BSE reality, auto, capital goods, metal and bank were down 1-2%.
On the global front, European markets tumbled over 2% in the opening trade due to rising concerns of Italy debt crisis. Italy debt-to-GDP ratio of 120%, which is second only to Greece within the EU and Italy faces 175 billion euros in debt maturities this year and has 1.6 trillion euros of bonds outstanding, the world’s third-largest debt pile after the US and Japan.
Revenues were 7,485 crore for the quarter ended on June 30, 2011;QoQ growth was 3.2%; YoY growth was 20.8%
Net profit after tax was 1,722 crore for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%
Earnings per share (EPS) was 30.14 for the quarter ended June 30, 2011;QoQ decline was 5.3%; YoY growth was 15.7%
Selling pressure triggerd across the sectors as the domestic market was disappointed on weak Infosys results and sluggish May industrial output. Global cues too was dampener as heavy sell off was seen in early trade of European markets
26 clients were added during the quarter by Infosys and its subsidiaries
Gross addition of 9,922 employees (net addition of 2,740) for the quarter by Infosys and its subsidiaries
1,33,560 employees as on June 30, 2011 for Infosys and its subsidiaries
BSE IT index has underperformed all other sectoral indices; down over 3% on the back of below expectation Infosys Q1 results. The BSE reality, auto, capital goods, metal and bank were down 1-2%.
On the global front, European markets tumbled over 2% in the opening trade due to rising concerns of Italy debt crisis. Italy debt-to-GDP ratio of 120%, which is second only to Greece within the EU and Italy faces 175 billion euros in debt maturities this year and has 1.6 trillion euros of bonds outstanding, the world’s third-largest debt pile after the US and Japan.
Comments