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Showing posts with label bank of america. Show all posts
Showing posts with label bank of america. Show all posts

Thursday, October 11, 2012

profit estimation of Infosys


Profit at Infosys, whose clients include Bank of America (BAC.N), Volkswagen (VOWG_p.DE) and GlaxoSmithkline, rose to 23.7 billion rupees for the quarter that ended September, from 19.06 billion rupees as compare to previous year.
July-September net profit was forecast at 23.8 billion rupees, according to Thomson Reuters data. Profit in the previous quarter grew 33 percent from a year earlier.
Analysts had predicted Infosys, which has a market value of around $26 billion, will revise its revenue growth estimate to around 6 percent for the year to end-March, boosted by its acquisition last month of Swiss consultancy Lodestone.