On July 11, Infosys
- There was increasing demand for the company's business solutions and strong growth in its service lines, including consulting, engineering services, and implementing packages.
- Adding 35 new clients during the quarter helped drive revenue up 40% from last year.
- Margins slipped because the rupee appreciated sharply against most major currencies. A 1% rise in the rupee against the dollar affects operating margins by 30 to 50 basis points.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Sales |
$928.0 |
$660.0 |
40.6% |
|
Net Profit |
$263.0 |
$174.0 |
51.1% |
|
EPS |
$0.46 |
$0.31 |
48.4% |
|
Diluted Shares |
570.5 |
562.8 |
1.4% |
Get back to basics with the income statement.
Margin Checkup
|
Q1 2008 |
Q1 2007 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
38.7% |
41.1% |
(2.4) |
|
Operating Margin |
24.7% |
25.8% |
(1.1) |
|
Net Margin |
28.3% |
26.4% |
2.0 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,587.0 |
$750.0 |
111.6% |
|
Accounts Rec. |
$615.0 |
$465.0 |
32.3% |
|
Liabilities |
Q1 2008 |
Q1 2007 |
Change |
|---|---|---|---|
|
Accounts Payable |
$3.0 |
$2.0 |
50.0% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
Q1 2008 |
Q1 2007 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$277.0 |
$121.0 |
128.9% |
|
Capital Expenditures |
$83.0 |
$42.0 |
97.6% |
|
Free Cash Flow |
$194.0 |
$79.0 |
145.6% |
Free cash flow is a Fool's best friend.
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
