Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1689.70
50.10 (3.06%)
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Infosys crumbles on reporting lower than expected Q1 numbers

Date: 12-07-2012

Infosys is currently trading at Rs. 2252.50, down by 213.85 points or 8.67% from its previous closing of Rs. 2466.35 on the BSE.

The scrip opened at Rs. 2270.00 and has touched a high and low of Rs. 2280.00 and Rs. 2216.05 respectively. So far 541066 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2990.00 on 22-Feb-2012 and a 52 week low of Rs. 2169.00 on 25-Aug-2011.

Last one week high and low of the scrip stood at Rs. 2503.40 and Rs. 2216.05 respectively. The current market cap of the company is Rs. 128248.63 crore.

The promoters holding in the company stood at 16.04% while Institutions and Non-Institutions held 55.59% and 14.91% respectively. 

Infosys, India’s second largest information technology company has reported lower than expected Q1 FY13 result for the quarter ended June 30, 2012. 

The company has posted a rise of 33.25% in its net profit after exceptional item at Rs 2,204 crore for the quarter under review as compared to Rs 1,654 crore for the same quarter in the previous year. Total income has increased by 27.98% at Rs 9,368 crore for Q1FY13 as compared Rs 7,320 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit rose 32.93% to Rs 2,289 crore for the Q1 FY13 as compared to Rs 1,722 crore in Q1 FY12. Moreover, the total income also surged 27.30% to Rs 10,092 crore in the quarter under review as compared to Rs 7,928 crore in the corresponding quarter previous year.