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Infosys Q2 net in-line at Rs 2370 crore, stock plunges 8 per cent

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Friday, October 12, 2012, 09:26:21 (IST)
 
NEWS FLASH

Infosys, India's second largest software services exporter, has reported Rs 9,860 crore in sales and Rs 2,370 crore in net profit for the fiscal second quarter ending September 2012. In the June quarter, Infosys had reported Rs 9,616 crore in sales and Rs 2,289 crore in net profit.
Shares in the company plunged 8 per cent in early trade. Analysts attributed the sharp reaction in the stock to the lack of positive surprise in the results.
 

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