Infosys Results –Infosys FY11

India's second largest IT exporter Infosys Technologies has announced its fourth quarter results of FY10. It has reported 1.14% jump in its net profit to Rs 1,600 crore as against Rs 1582 crore, on quarter-on-quarter basis (QoQ).
 

Revenues for the same quarter increased 3.54% to Rs 5,944 crore versus Rs 5,741 crore (QoQ).

Q4 internals
Revenues from North America grew by 4.4% (QoQ) & 4.5% in constant currency and from Europe grew by 7.9% (QoQ) & 11.8% in constant currency.
BFSI grew by 5.9% (QoQ) & 6.7% in constant currency and manufacturing grew by 10.2% (QoQ) & 11.3% in constant currency.

FY11 Guidance 
 In dollar terms, the company expects 16-18% growth in revenues for the next year i.e. FY11. It expects revenues at USD 5.57-5.67 billion and EPS growth at 4.3-8.6% for the next financial year.
In rupee terms, Infosys lowered its guidance for FY11. It expects EPS at Rs 106.82-111.28 per share and revenue growth of 9-11%.