Infosys Q2 net rises 7.5 per cent to Rs1,540 crore; to pay 200 per cent interim

Infosys Technologies today reported a 7.5 per cent year-on-year rise in its net profit for the quarter ended 30 September 2009 at Rs1,540 crore. Consolidated income for the quarter grew 3.1 per cent year-on-year to Rs5,585 crore.

Earnings per share increased 7.4 per cent to Rs26.86 from Rs25.02 in the corresponding quarter of the previous year.

Infosys declared an interim dividend of Rs10 per share, ie, a dividend of 200 per cent on par value of Rs5 per share (same as in the previous year).

Infosys, however, projected a 6.2 per cent to 5.4 per cent year-on-year decline in its consolidated incomes for the quarters ending 31 December 2009 and 31 March 2010 in the range of Rs5,429 crore and Rs5,476 crore.

Earning per share is expected to fall by 18.5 per cent to 17.8 per cent to Rs23.35 and Rs23.56, respectively.

For the fiscal year ending 31 March 2010 Infosys expects its consolidated income to grow 1.2 per cent to 1.7 per cent year-on-year to Rs21,961 crore and Rs22,055 crore, respectively.