Image via CrunchBaseInfosys expects operating margin to remain flat in 2Q, decline 250 basis points this fiscal year
--Infosys expects to hire 12,000 staff on a gross basis in the current quarter
(Updates share price in paragraph 10, adds analyst's comments in paragraph 11, executive comment in paragraph 18.)
By Rumman Ahmed and Dhanya Ann Thoppil
Of DOW JONES NEWSWIRES
MYSORE, India (Dow Jones)--Software exporter Infosys Ltd. (500209.BY) reported Tuesday its fiscal first-quarter net profit rose 16% from a year earlier, marginally lower than analysts' expectations, but its shares fell as the company gave a muted outlook weighed by economic uncertainties in ...
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