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Infosys Reports Higher Profit, Revenue in Sept-Qtr
Infosys Raises FY 21 Rev Growth Guidance To 2%-3% In Constant Currency
Infosys Ltd - Declared An Interim Dividend Of 12 Rupees Per Share
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
Software & Programming
Electronics City, Hosur Road
Nandan M. Nilekani
Non-Executive Non-Independent Chairman of the Board
Ravi Kumar S.
President, Deputy Chief Operating Officer
Salil S. Parekh
Chief Executive Officer, Managing Director, Whole Time Director
Chief Financial Officer
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Indian shares were little changed on Thursday as losses in banking stocks offset a jump in Infosys after the software services firm handily beat analysts' expectations for quarterly profit.
Indian software services firm Infosys Ltd raised its annual revenue growth forecast on Wednesday as it posted a better-than-expected quarterly profit, buoyed by growth in demand for its digital services during the pandemic.
Infosys Ltd, India's second-biggest software firm, on Wednesday reported a 20.6% rise in September-quarter profit, helped by growth in client demand for its new-age digital services such as cloud, data and analytics during the pandemic.
** India's IT services subindex on the NSE rises as much as 3.4% to hit a record high of 19,257 points, after strong Q2 outlook from HCL Technologies lifts sentiment across the sector
-- Note: Reuters has not verified this story and does not vouch for its accuracy (Bengaluru newsroom)
Indian shares closed higher on Thursday, led by gains in pharmaceutical and IT stocks, even though coronavirus cases in the world's second-most populous nation inched towards one million.
Shares of India's Infosys Ltd on Thursday soared 15% to a fresh record high, a day after large deal wins and tighter costs helped the country's second largest IT firm post better-than-expected profit and reinstate its full-year outlook.
Indian shares ticked higher on Thursday as upbeat earnings from Infosys Ltd lifted IT stocks even though coronavirus cases in the world's second-most populous nation neared 1 million.
Indian shares ticked higher on Thursday, as coronavirus cases in the world's second-most populous nation neared 1 million, while an upbeat earnings by Infosys Ltd lifted IT stocks and capped losses.
India's Infosys Ltd on Wednesday reported a stronger-than-expected profit for the June quarter, as the software services firm managed to secure large deals from clients during the COVID-19 pandemic.
(This April 20 story corrects company name to TCS in fourth paragraph)
India's software services bellwether Infosys Ltd on Monday said it was unable to provide forecast for revenue and margins for the financial year 2021, blaming uncertainties stemming from the coronavirus outbreak.
* CONSIDERING BUSINESS UNCERTAINTY EMANATING FROM COVID-19, CO UNABLE TO PROVIDE GUIDANCE ON REVENUES AND MARGINS FOR FY 21 AT THIS STAGE
** Top Indian IT exporters slip after sector heavyweight Wipro flags uncertainties and challenges due to the coronavirus outbreak, suspends qtrly revenue guidance
* PARTNERS WITH NARAYANA HEALTH CITY TO OPEN 100-BED QUARANTINE FACILITY FOR COVID-19 PATIENTS Source text for Eikon: Further company coverage:
* INFOSYS LTD - RECEIVED NOTIFICATION FROM THE SEC THAT THE SEC HAS CONCLUDED ITS INVESTIGATION
-- Note: Reuters has not verified this story and does not vouch for its accuracy
India's second-biggest IT company, Infosys Ltd , said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints.
India's top 10 companies by market value are expected to post a median 23% jump in profit for the last quarter of 2019, driven by a rebound in the financial sector and a smaller tax bill.
Infosys Ltd, India's No. 2 IT services exporter, reported a better-than-expected December-quarter profit on Friday as key banking clients spent more on its software services.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.