13 Apr 07 Infosys Technologies announces its Q4-07 and FY07 results

Infosys Technologies reported net profit of Rs 1,144 crore (Rs 11.44 billion) in the fourth quarter versus Rs 983 crore (Rs 9.83 billion) in the previous year, a growth of 16.38%.

The shares of Infosys TechnologiesÃ‚Â rose nearly 3% to Rs 2102, in earlyÃ‚Â and volatile trade, even asÃ‚Â the companyÃ‚Â offered a muted EPS growthÃ‚Â forecast for the Financial Year 2008.

For the FY07, Infosys’ net profit jumped 56.87% to Rs 3,856 crore from Rs 2,458 crore. CNBC-TV18 estimated the net profit of Infosys at Rs 3751.08 crore. Revenue was up 45.91% to Rs 13,893 croreÃ‚Â from Rs 9,521 crore. The CNBC-TV18 estimated at Rs 14,009.71 crore (Rs 140.09 billion).

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