Infosys: Another lackluster quarter - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Infosys: Another lackluster quarter

Apr 15, 2011

IT services major Infosys has announced its 4QFY11 results. The company has reported a 2% QoQ growth in its sales and a growth of 2.1% QoQ in its net profit. Here is our analysis of the results.

Performance summary
  • Sales grow by 2.0% QoQ during 4QFY11. For the year ended March 2011, sales grew by 20.9% YoY.
  • Operating margins witnessed a decline of 1.2% QoQ to 29.0% during the quarter as compared to the previous quarter. For the year ended march 2011, operating margins declined by 0.9% YoY. This was mainly due to slightly higher cost of sales (as a percentage of sales). For the full year FY11, operating margins declined to 29.5% from the 30.4% seen for the same period last year.
  • Sharp increase in other income leads to a growth of 2.0% QoQ in net profits. For the full year FY11 (year ended March 2011), net profits increased by 9.7% YoY. The company added 34 new clients during the quarter taking the total number of active clients to 620.
  • Management has given a conservative guidance for the next quarter as well as for the financial year ending March 2012. The company expects a growth of 18.0%-19.1% YoY in sales and 5.9%-7.5% YoY in earnings per share (EPS) for the quarter that will end in June 2011. For the full year ending March 2012, the management expects sales to grow by 15.4%-17.3% YoY and EPS to grow by 5.5%-7.3% YoY.

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

INFOSYS SHARE PRICE


Jul 30, 2021 (Close)

TRACK INFOSYS

  • Track your investment in INFOSYS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

INFOSYS - HP COMPARISON

COMPARE INFOSYS WITH

MARKET STATS