Wednesday, October 11, 2006

Results update

Infosys Technologies has announced its second quarter results. The company's Q2 net profit is up 17.13% at Rs 930 crore (Rs 9.30 billion) from Rs 794 crore (Rs 7.94 billion), quarter-on-quarter, QoQ.

Its revenues are up 14.46% at Rs 3,451 crore (Rs 34.51 billion) from Rs 3,015 crore (Rs 30.15 billion).

Tata Consultancy Services, TCS is to declare its Q2FY07 results. According to CNBC-TV18 estimates, the company's Q2 net profit is seen going up 8.78% from Rs 863 crore (Rs 8.63 billion) to Rs 938.84 crore (Rs 9.38 billion), quarter-on-quarter, QoQ.
Its revenues are going to seen up 8.08% from Rs 4144 crore (Rs 41.44 billion) to Rs 4479.12 crore (Rs 44.79 billion).

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