INSUBCONTINENT EXCLUSIVE:
Infosys share price rose 0.63%.Infosys' net profit in the January-March quarter rose 13 per cent to Rs 4,074 crore compared with Rs 3,609
2019-20, Infosys has guided for a revenue growth in range of 7.5-9.5 per cent in constant currency terms with an operating margin of 21-23
per cent, said the Bengaluru-based IT firm.The board of directors of the company approved a final dividend of Rs 10.50 per share subject to
approval of the shareholders.Infosys' board of directors also granted performance-based Restricted Stock Units (RSUs) amounting to Rs 13
company's revenue rose 2.4 per cent (QoQ) to $3,060 million in dollar terms, and on the constant currency terms, Infosys revenue grew 2.1
per cent sequentially.On the operational front, Infosys' EBIT or operating profit came in at Rs 4,618 crore compared with Rs 4,379 crore in
the December quarter.Commenting on the earnings Salil Parekh, CEO and MD of Infosys said: "We have completed the first year of our
transformation journey with strong results on multiple dimensions including revenue growth, performance of our digital portfolio, large deal
This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and longstanding client
relationships.""Our planned investments have started yielding benefits
As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business," Mr Parekh
added.Revenue from operations grew 19.1 per cent, while revenue from the financial services segment increased 15.6 per cent
quarter, Infosys signed large deals worth $1.57 billion and for the financial year 2019 total large deals stood at $6.28 billion."We had
another quarter of over $1.5 bn large deal TCV (total contract value) in Q4, as a result of which FY 19 TCV doubled over FY 18
Realization per billed employee was steady which reflects increasing usage of automation in core services and faster growth in newer digital
added.Its attrition stood at 11,581 employees in the March quarter
Net addition was at 2,622 in the fiscal fourth quarter, compared with 7,762 in the previous quarter, Infosys said.For financial year
2019-20, Infosys guided for revenue growth in the range of 7.5-9.5 per cent in constant currency terms with operating margin guidance in
range of 21-23 per cent.For the financial year 2018-19, Infosys net profit declined 3.89 per cent to Rs 15,404 crore from Rs 16,029 crore in
financial year 2017-18.In FY19 revenue grew by 7.9 per cent dollar terms and 9 per cent in constant currency terms, while operating margin
came in at 22.8 per cent.Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on
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