Infosys Q4 net down 2.4% at Rs 2,316 cr

IT major Infosys reported a quarter-on-quarter net profit to Rs 2,316 crore for the quarter ended March 31, 2012. In the previous quarter its net profit was Rs 2,372 crore. The company has given a dollar revenue at $1,771 million. Infosys has kept the FY13 guidance at 8-10%, as against the exppected 12 to 15%. Click here for Cloud Computing Also Read Related Stories News Now - Experts views on Infosys results - Infosys shares fall 6% on reduced dollar guidance - Infosys down over 3% on disappointing nos - Wait for a fresh breakout - Ex-Microsoft India chairman inducted on Infosys board - Infosys to hire 45,000 people in FY12 The EPS in FY13 is expected to be up just 9 to 10% around Rs 151. The company's revenue has also dropped 4% at Rs 8,852 crore, while the Ebit margin is at 29.9%. The company has decided pay dividend of Rs 10 per share. Infosys CFO has said the volatility in the forex market has been a concen. Yesterday, Infosys shares ended down 1.8% at Rs 2,750 on the BSE.