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https://mybs.in/2ZdapI4 Information technology (IT) services bellwether Infosys on Wednesday posted a 17.47 per cent year-on-year (YoY) growth in net profit at Rs 5,076 crore for the March quarter of financial year 2020-21 (Q4FY21) as against Rs 4,321 crore posted in the same period last fiscal. Sequentially, however, the figure dipped by 2.32 per cent from Rs 5,197 crore posted in the December quarter of FY21. The revenue for the quarter under review, meanwhile, stood at Rs 26,311 crore, up 13.08 per cent YoY and 1.5 per cent quartet-on-quarter. The same figure stood at Rs 23,267 crore in Q4FY20 and Rs 25,927 crore in Q3FY21.
Infosys Q4 result preview: What investors are expecting
Investors will closely watch Infosys revenue guidance for next fiscal year and its plans to achieve it. It is expected that it ll provide a revenue growth guidance of 12-14% in constant currency terms, with a buffer for upgrades in preceding months
BusinessToday.In | April 14, 2021 | Updated 11:56 IST
Infosys will post Rs 5,210.9 cr profit in Q4 of the financial year, says Bloomberg survey
IT services major Infosys Ltd will announce its Jan-March quarter financial results today. After a strong performance by IT bellwether Tata Consultancies Services (TCS), the market, as well as shareholders, will closely watch Infosys performance in Q4 and through the Covid-hit financial year.