Infosys has reported results for the quarter & year ended March 31, 2013.
The company has registered 16.46% fall in its net profit after exceptional item at Rs 2305 crore in Q4FY13 as compared to Rs 2759 crore in the same quarter previous year. However, the total income of the company has increased by 13.47% to Rs 9976 crore as compared to Rs 8792 crore in corresponding quarter last year.
On the consolidated basis, the group has reported a rise of 3.37% in its net profit at Rs 2394 crore in quarter under review as compared to Rs 2316 crore in same period previous year. Total income on consolidated basis has increased 17.09% to Rs 11128 crore as against Rs 9504 crore in a year ago period.
For the full year, the company has reported a net profit after exceptional item of Rs 9116 crore for the year ended March 31, 2013, a growth of 7.63% as compared to Rs 8470 crore for the year ended March 31, 2012. Total income has increased to Rs 38980 crore in FY13 from Rs 33083 crore in FY12, up by 17.82%.
On the consolidated basis, the group has registered 13.29% growth in net profit at Rs 9421 crore in FY13 as against Rs 8316 crore in previous year. The total income of the company has increased to Rs 42711 crore as compared to Rs 35638 crore in FY12.
Meanwhile, the company in its FY14 guidance has said that consolidated revenues are expected to grow between 6-10%, much below than Nasscom’s 12-14% industry growth expectations for the current fiscal FY14.