INFOSYS NET PROFIT UP 126%, TO PAY 25%
Article Abstract:
Infosys Technologies Ltd (ITL) recorded a 103 percent rise in its total income at Rs218.86 crore in the half year ended September 30, 1998 (Rs107.69 crore in the same period of 1997). Its net profit increased by 126 percent to Rs52.07 crore (Rs23.04 crore). Its gross profit was Rs73.66 crore (Rs23.04 crore). Its annualised earning per share was Rs65.01 (Rs28.76). It has declared an interim dividend of 25 percent for 1998-99. In the second quarter of 1998-99, it posted an income of Rs120.44 crore. Its net profit was Rs28.40 crore. Its gross profit was Rs42.06 crore. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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INFOSYS TECHNOLOGIES LIMITED
Article Abstract:
Infosys Technologies Limited (ITL) of Bangalore has declared an interim dividend of 25 percent for 1998-99. ITL has published its audited financial results for the quarter and half year ended September 30, 1998. ITL is engaged in software business. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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