 |
|
|
|||||
The guidance change is the sixth consecutive quarterly revision and seventh in eight quarters. Infosys is seeing a lot of traction in financial services, which has given us good growth last quarter and this quarter, said chief executive officer Salil Parekh. We see that continuing.
Category:
News and Media
The profitability also suffered on account of inflationary prices of coffee and cocoa. The operating profit margin corrected by 100 bps to 23.4%. Raw material cost stood at 43.6% of revenues-same as the year ago elevated level of 43.7%.
Category:
News and Media
Net interest income - the difference between interest earned on loans and that paid on deposits - a key source of income for banks, grew 9% year-on-year to 13,483 crore. Net interest margins for the September quarter basis eased to 3.99% against 4.11% a year ago.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||