Infotech has announced its Q4 and annual results-FY 2011-12. The revenue for the year is Rs.15,531 million, Y-o-Y growth of 30.7%. Y-o-Y growth in dollar terms is 24%. Operating profit is Rs.2,704 million, an increase of 50% Y-o-Y. Operating margin is at 17.4% for the year, an increase of 220 bps over last year.
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Whereas in Quarterly performance revenue for the quarter is Rs.4,173 million, Y-o-Y growth of 28%, Q-o-Q growth of 0.2% and Q-o-Q growth in dollar terms at 1.6%. The company sustained the improved Operating margin. During Q4, OPM (at 19.8%) further improved by 20 bps over Q3 in real terms, due to operational excellence initiatives. There was adverse exchange impact of 100 bps in Q4 compared to Q3.
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BVR Mohan Reddy, Chairman & Managing Director, Infotech said, āIn spite of the macro-economic uncertainty around the globe, we had a very good year in line with our expectations. We posted robust growth and higher profits because of customer centricity and long-term growth strategy.
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He further stated that towards developing the next-generation leadership, we have promoted Krishna Bodanapu as President & Chief Operating Officer of the company. The company has been re-organized into four business units.āĀ
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