Infosys share price go down after Infosys Q4, Results 2011 comes in News  

The key benchmark indices skidded in early trade soon as IT bellwether Infosys reported lower-than-expected Q4 numbers. The BSE 30-share Sensex was down 86.31 points or 0.44%. IT bellwether Infosys Technologies’ slumped 5.76% after the company reported a lower-than-expected 2.13% growth in consolidated net profit as per International Financial Reporting Standards at Rs. 1818 crore in Q4 March 2011 over Q3 December 2010. Infosys’ revenue rose 2.02% to Rs. 7250 crore in Q4 March 2011 over Q3 December 2010. The revenue growth, too, fell short of market expectations.
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