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INFY » Topics » Outlook for the quarter and the fiscal year ending March 31, 2005

This excerpt taken from the INFY 6-K filed Jan 18, 2005.

Outlook for the quarter and the fiscal year ending March 31, 2005

 

  • Consolidated revenues expected to be between $ 452 million and $ 454 million for the quarter ending March 31, 2005, (growth of 49% to 50%) and between $ 1,589 million and $ 1,591 million for the fiscal year ending March 31, 2005; growth of 50%

 

  • Consolidated earnings per ADS* expected to be $ 0.44 for the quarter ending March 31, 2005, (growth of 52%) and $ 1.53 for the fiscal year ending March 31, 2005; growth of 49%

 

* adjusted for the two for one stock dividend distributed on July 6, 2004. Each ADS represents one equity share

 

Infosys Technologies Limited (“Infosys” or “the company”) today announced financial results for its third quarter ended December 31, 2004. Revenues for the quarter aggregated $ 423 million, up 53% from $ 276 million for the quarter ended December 31, 2003.

 

Net income was $ 112 million ($ 71 million for the quarter ended December 31, 2003) and earnings per ADS was $ 0.42 ($ 0.27 for the quarter ended December 31, 2003*).

 

* adjusted for the two for one stock dividend distributed on July 6, 2004. Each ADS represents one equity share

 

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