Infosys Q3 profit up 33%

13 January 2009

Infosys Technologies, India's No.2 software services exporter, reported a one-third rise in quarterly profit on Tuesday, but cut its annual forecast, Reuters has reported. The company forecast revenue for the year to March would grow 11.8-12.8% in dollar terms, down from October's forecast of 13.1-15.2%. Its earnings per share forecast was trimmed to $2.23, down marginally from $2.24 projected in October.

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