Infy bullish on guidance at 22.6% growth

Infosys announces the Q4 results along with guidance for this financial year.

NEW DELHI: Infosys Technologies has announced its fourth quarter and FY07 results. The company reported net profit of of Rs 1124 cr in the fourth quarter.

The total income has increased from Rs 2563 cr for the quarter ended March 31, 2006 to Rs 3675 cr for the quarter ended March 31, 2007.

The company has posted a net profit of Rs 3783 cr. Total Income has increased from Rs 9172 cr to Rs 13524 cr for the year ended March 31, 2007.

Highlights of Infy's Q4 show

1. Infosys declares final dividend of Rs 6.5 per share

2. Infosys Q4 net profit Rs 1124 cr versus 983 cr Q-o-Q
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3. EPS growth seen at 22.6%

4. Infosys projects EPS at Rs 80.29-81.58 for this fiscal

5. 4Offshore salary hike projected at 12-18%

6. Infosys adds 34 new clients, 3992 employees worldwide
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7. IP Global Services to show strong growth: Nilekani

8. Infosys factors Rupee value at 43.10 visa-viz dollar
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9. Infosys projects revenue growth at Rs 17300 cr for 07-08

Top level changes in the Infy mgmt:

Nandan Nilekani becomes co-chairman

S Gopalakrishnan named CEO & MD

S D Shibu named as COO
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