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Infosys Q4: Profit beats estimates, revenue falls

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Friday, April 13, 2012, 08:54:51 (IST)
 
NEWS FLASH

Infosys has beat street expectations by posting higher than expected profits for the fourth quarter ending March 2012.

Net profit stood at Rs 2,316 crore against expectations of Rs 2,279 crore. However, sales at Rs 8,852 crore were lower than expectations of Rs 9,111 crore.

On a sequential (quarter-on-quarter) basis, the numbers were lower. The company had reported sales of Rs 9,298 crore and profits of Rs 2,370 crore in the December quarter.
 

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