Infosys Technologies today reported 12 per cent higher quarterly profits and raised its revenue forecast.
But it kept earnings forecast unchanged, showing that it was less confident of profit growth keeping pace with sales.
The company increased its revenue guidance to Rs 3,433 crore to Rs 3,467 crore for the year.
Also Read
Last quarter, the company had a revenue guidance of Rs 3,108 crore to Rs 3,195 crore. For the third quarter, the company expects a revenue of Rs 890 crore to Rs 904 crore.
The guidance on earnings per share has been retained at Rs 142 to Rs 145 for the year while it has increased its earnings per share for the third quarter to be between Rs 37 and Rs 38 compared with Rs 33 - Rs 34, it had forecast earlier.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app