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Infosys net profit rises 17.5% to ₹5,076 crore in March quarter

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Infosys expects FY22 revenue to grow 12-14% in constant currency
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Infosys expects FY22 revenue to grow 12-14% in constant currency
IT services major Infosys on April 14 posted a 17.5% rise in net profit to ₹5,076 crore for the March quarter, and announced up to ₹9,200 crore buyback offer at a maximum price of ₹1,750 per share.
The Bengaluru-based company’s net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter.
Its revenue grew 13.1% to ₹26,311 crore in the March 2021 quarter from ₹23,267 crore in the year-ago period, Infosys said in a regulatory filing.
The company’s FY21 net profit was up 16.6% to ₹19,351 crore, while revenue was higher by 10.7% to ₹1,00,472 crore compared to the previous fiscal. ....

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Infosys Share Price Today: Infosys Falls Ahead Of Share Buyback Proposal, Earnings Announcement

Infosys Share Price: Shares were last trading 2.49 per cent lower at Rs 1,390.35 on BSE
Share price of IT major Infosys fell around three per cent on Tuesday, April 13, ahead of its fourth-quarter corporate earnings results due tomorrow - April 14, 2021. The shares of the country s second-largest software services company witnessed a decline today after it recently announced that the board will consider a proposal to buyback shares at its upcoming board meet on Wednesday, April 14, 2021. On Tuesday, Infosys opened on the BSE at Rs 1,433, touching an intra day high of Rs 1,435.95 and an intra day low of Rs 1,375, in the session so far. ( ....

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Interview | Infosys CEO Salil Parekh On Growth Momentum, Demand For Digital And Cloud Capabilities, And More: Read Excerpts Here

Interview | Infosys CEO Salil Parekh on growth momentum, demand for digital and cloud capabilities, and more: Read excerpts here
Infosys, which has been growing at a faster clip compared to rivals such as TCS and Wipro in the last few quarters, is confident about growing revenues in double-digits, on the back of robust demand for digital and cloud capabilities.
February 11, 2021 / 05:05 PM IST
Today, there s a tremendous amount of demand for those digital and cloud capabilities. And as you saw in the last quarter, that s now more than half of our business and growing at about 30 percent. Given that sort of attraction, it will have good continuing momentum for some time, Salil Parekh, CEO & MD, Infosys told Moneycontrol in an exclusive interview. File Photo. ....

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Infosys reports record $7.13 billion deal wins — raises revenue guidance after its best December quarter in eight years

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Infosys reports record $7.13 billion deal wins raises revenue guidance after its best December quarter in eight years
Infosys reports record $7.13 billion deal wins raises revenue guidance after its best December quarter in eight years
Rounak JainJan 13, 2021, 18:20 IST
Infosys reported record $7.13 billion deal wins in the December quarterIANS
Infosys more than doubled its deal wins in the December quarter, setting a new record with $7.13 billion deal wins.
India’s second-largest IT services company has clocked in a 7.3% rise in its third-quarter profit, while margins stood at 25.4%.
Digital revenues accounted for over half of its total revenues, with a growth of 31.3%.
Infosys has also raised its revenue guidance for FY21 to 4.5-5%. Infosys delivered another blockbuster quarter, led by its largest-ever deal wins so far worth $7.13 billion in the December quarter with digital revenues accounting for over half of its total revenue. ....

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