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Infy expecting operating margin of 26% in FY13

Figure excludes Switzerland-based consultancy Lodestone Holdings that Infosys acquired recently

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Reuters Bangalore
Last Updated : Jan 29 2013 | 2:34 PM IST

Infosys Ltd, India's second-biggest software services provider, expects operating margins for the financial year ending in March to be about 26%, Chief Financial Officer Rajiv Bansal said.

Operating margins for the year, excluding the Switzerland-based consultancy Lodestone Holdings that Infosys acquired recently, would be 26.3%, Bansal said on Friday.

Infosys posted stronger-than-expected profit for the third quarter of the financial year that began last April and raised its annual revenue forecast, sending its shares 13% higher.

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First Published: Jan 11 2013 | 10:47 AM IST

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