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More on Infosys (INFY) FQ2: net profit +24% Y/Y to 23.69B rupees ($450M), operating margins -600...

More on Infosys (INFY) FQ2: net profit +24% Y/Y to 23.69B rupees ($450M), operating margins -600 bps Q/Q to 26.3%. Cuts FY outlook to $2.97/ADR from $3.03 previously due to forex fluctuations; expects operating margins to drop 200 bps and forecasts 5% Y/Y revenue growth to $7.34B. CFO V Balakrishnan to move jobs inside company and be replaced by VP Finance Rajiv Bansal. Shares -5.1% in Bombay.
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