Infosys margins to fall 200 basis points in FY13-exec

Last Updated: Fri, Oct 12, 2012 05:02 hrs
Balakrishnan, Chief Financial Officer of Infosys Technologies Ltd speaks during Reuters India Investment Summit in Bangalore

Operating margins at Infosys Ltd will decline by 200 basis points in the current fiscal year that ends in March 2013 from a year earlier, Chief Financial Officer V. Balakrishnan said on Friday.

Infosys, India's second-ranked software services provider, reported a 24 percent gain in quarterly profit earlier on Friday, in line with estimates.

More from Sify: