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Infosys sees margins stable in March quarter, stock drops 7%

Last Updated: Thursday, January 12, 2012, 10:32

Infosys Ltd, the No.2 Indian software services exporter, expects margins to remain stable in the current quarter, and client technology budgets to be flat or slightly down in 2012, Chief Financial Officer V. Balakrishnan said on television.

Infosys Q3 net up 33% to Rs 23.72 billion, cuts FY12 forecast

Last Updated: Thursday, January 12, 2012, 08:57

Infosys Ltd beat market expectations with a 33 percent rise in quarterly profit as a weak rupee boosted margins, but it cut its full-year revenue outlook because of the debt crisis in Europe, its second-biggest market.