Day Trading Stocks & Futures

TraderRavi

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re: Day trading Nifty & Banknifty Futures

Infosys Q3 net beats street, up 19.4% to Rs 2875cr

India's second largest IT services exporter Infosys ' adjusted net profit rose 19.4 percent, higher-than-expected, quarter-on-quarter to Rs 2,875 crore in the quarter ended December 2013. Its profitability was impacted by visa cost of Rs 219 crore (one off item) in the quarter ended September 2013. Consolidated revenue increased 0.47 percent sequentially to Rs 13,026 crore. According to CNBC-TV18 poll, analysts had expected adjusted net profit of Rs 2626 crore (reported net profit was expected at Rs 2,752 crore) on revenues of Rs 13,055 crore. IT exporter raised its full year (FY14) dollar revenue guidance to 11.5-12 percent from 9-10 percent earlier.

Read more at: http://www.moneycontrol.com/news/re...1022231.html?topnews=1&utm_source=ref_article
 

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