Friday, July 10, 2009

Is software sector back with a bang!!!!!!!!!!!!!!!!!!!

Hey everyone,

It has been long since I have participated in this blog and now its the right time for everyone of us to actively participate and share our knowledge. So what is this blog all about???. I m not sure if pessimists would have been happy after seeing Infosys latest quarter results but I m sure that this is a great news for optimistic people like me. Q1 has proved great for Infosys with 17% increase compared to last year. But there is a twist in this if we watch the news carefully, we can find that the percentage rise in net profits was 29.1% in march quarter but its just 17.3% in this quarter and similarly the revenue percentage increase was just half when compared to the march quarter of 2009. But one thing is for sure that there is improvement and that is what we want and expect. Cheers for Infosys... Hope other software companies also come up with similar results especially the largest software exporter of India, TCS ( my X company). Hope you people come up with new blogs .. Keep reading and enjoy knowing new things. Its always fun to know.