India's second largest software exporter, Infosys today expects the revenues to grow 7%-9% in USD terms and 5.6%-7.6% in INR terms for the financial year 2015.
Infosys today reported 24.98% growth in consolidated net profit to Rs 29.92 billion for the quarter ended Mar. 31, 2014. On quarter on quarter basis, it posted a rise of 4.07% in the net profit. Market was expecting profit to come at Rs 28.35 billion.
Revenues has increased to Rs 128.8 billion for the quarter ended Mar. 31, 2014 from Rs 104.5 billion for the year ended Mar. 31, 2013, representing increase of 23.16%. On quarter on quarter basis, it posted a fall of 1.16% in the revenues.
Fourth quarter operating margins expanded 50 bps sequentially to 25.5%.
The company's FY14 revenue growth doubled to 11.5% in USD terms while in INR terms growth increased to 24.2%.
Shares of the company gained Rs 100.25, or 3.1%, to trade at Rs 3,336.10. The total volume of shares traded was 98,195 at the BSE (10.26 a.m., Tuesday).