Profit

Rising Re to hit FY11 margins by 150 bps: Infy

PUBLISHED ON: April 13, 2010 | Duration: 25 min, 19 sec

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V Balakrishnan, CFO of Infosys, expects the FY11 profit margins to drop 150 basis points because of rupee appreciation. He pointed out that the assumed rate of Rs 44.50 to a US dollar would affect margins by around 3 per cent.
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