Infosys Technologies, India’s leading Software Professionals arbitrage and Manpower trading company is under tremendous pressure for the recently ended quarter. Sales down 2.9% QoQ andNet Profit down 5.3% QoQ. Had the Indian Rupee strengthend against USD, Infosys results could have been wors.
The management has guided EPS for FY 10 to be in the range of Rs. 94.59 and Rs. 96.00; YoY decline of 9.6% to 8.2%. Lets wait to hear more from them.