Infosys continues to trade higher on reporting 29% rise in Q2 consolidated net profit

13 Oct 2014

Infosys is currently trading at Rs. 3947.00, up by 58.05 points or 1.49% from its previous closing of Rs. 3888.95 on the BSE.

The scrip opened at Rs. 3898.00 and has touched a high and low of Rs. 3958.90 and Rs. 3890.00 respectively. So far 76594 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3958.90 on 13-Oct-2014 and a 52 week low of Rs. 2894.00 on 30-May-2014.

Last one week high and low of the scrip stood at Rs. 3958.90 and Rs. 3600.00 respectively. The current market cap of the company is Rs. 226363.90 crore.

The promoters holding in the company stood at 15.94% while Institutions and Non-Institutions held 55.66% and 12.23% respectively.

Infosys has reported results for second quarter ended September 30, 2014.

The company has registered 44.67% rise in its net profit after exceptional item at Rs 3365 crore for the quarter under review as compared to Rs 2326 crore for the same quarter in the previous year. Total income of the company has increased 5.93% at Rs 12696 crore for Q2FY15 as compared Rs 11985 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit surged 28.62% to Rs 3096 crore for the Q2 FY15 as compared to Rs 2407 crore in Q2 FY14. Moreover, the total income gained around 5.52% to Rs 14219 crore in the quarter under review as compared to Rs 13475 crore in the corresponding quarter previous year.

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