Mumbai

Infosys Q2 PAT at Rs 2,407 cr; ups FY14 guidance

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MUMBAI: IT major InfosysBSE 2.97 % reported a net profit of Rs 2,407 crore for quarter ended September 2013 as compared to a net profit of Rs 2,374 crore in last quarter.

The company has upped its FY14 sales guidance to 9-10 per cent against 6-10 per cent.

The company’s consolidated revenues in dollar terms increased 3.76 per cent to $ 2,066 million vs $ 1,991 million. Revenues in rupee terms increased to Rs 12,965 crore, up 15.07 per cent, as against Rs 11,267 crore in previous quarter.

The EBITDA increased 6.5 per cent to Rs 2,837 crore vs Rs 2,664 crore while EBIT margin grew to 21.88 per cent vs 23.6 per cent.

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