Infosys retains revenue growth guidance after 10 percent profit jump [Reuters]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Reuters
Infosys retains revenue growth guidance after 10 percent profit jump | Reuters 2 Min Read (Reuters) - India’s second-largest software services exporter Infosys posted better than expected second-quarter profit on Tuesday, helped by a rise in big deals, and reiterated its forecast for full-year revenue growth. Having lifted its number of $100 million-plus clients to 23, compared with 19 in the same quarter last year, Infosys retained guidance for full-year revenue growth of 6-8 percent in constant currency terms, in line with broker expectations. “Large deal wins at over $2 billion during the quarter demonstrate our increased client relevance and also give us better growth visibility for the near term,” said CEO Salil Parekh. The Bengaluru-headquartered company added 7,834 employees on a net basis, compared with a reduction in the same period last year. Profit rose 10.3 percent to 41.10 billion rupees ($558.04 million) in the quarter to Sept. 30, beating analyst estimates of 40.51 bill
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Earnings
- 4/19/24 - Beat
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Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website