Infosys to announce Q2 results today
Infosys to announce Q2 results today
The first quarter was a disappointment with higher wages and currency fluctuations hurting margins.

Mumbai: Country's second largest software services exporter Infosys is set to report a growth of 9.9 per cent quarter-on-quarter in profit of Rs 1,891 crore for the second quarter of FY12, according to CNBC-TV18 estimates. Net profit for the previous quarter of current financial year was Rs 1,720 crore.

Revenues are expected to jump 7.9 per cent to Rs 8,080 crore as against Rs 7,485 crore, quarter-on-quarter basis.

CNBC-TV18 expects earnings per share of Infosys to rise by 9.1 per cent to Rs 32.9 in the quarter ended September 2011.

Earning before interest and tax (EBIT) for the July-September quarter of 2012 is likely to be at Rs 2187 crore, a growth of 12 per cent compared to Rs 1952 crore in previous quarter.

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