Diabytes
Infosys Q4 results News
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Revenue during Q4 FY20 stood at Rs 23,267 crore as compared to Rs 21,539 crore in Q4 FY19, clocking a growth of 8 per cent year-on-year and 0.8 per cent quarter-on-quarter.
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Infosys, India's second-biggest software exporter, Thursday announced plans to return Rs 13,000 crore from its cash pile to shareholders after it reported an almost flat net profit in the March quarter and sales outlook that fell short of estimates.
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Country's second-largest software firm Infosys on Thursday reported a marginal decline in its consolidated net profit at Rs 3,603 crore for the quarter ended March 31.
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Infosys shares on Monday surged nearly 6 percent, buoyed by the company reporting a better-than- expected net profit at Rs 3,597 crore, up 16 percent, in the fourth-quarter and a strong revenue growth forecast for the current fiscal.
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Shares of IT major Infosys ended the day nearly 1 percent lower ahead of its financial results for the quarter ended March 31 to be announced tomorrow.
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