TwitCount Button
28 C
Mumbai
Monday, February 24, 2020

Infosys Q2 net profit dips 2.2% to Rs 4,019 crore; revenue up 9.8%

Must Read

See pattern to who Trump is pardoning

JUST WATCHEDThere's a pattern to who Trump is pardoningReplayMore Videos ...MUST WATCHCNN's John Avlon takes a look at the eleven people President Trump pardoned this week - they all have a Fox News connection, according to the New York Times.Source: CNNPolitics of the Day (15 Videos)There's a pattern to who Trump is pardoningHoward Dean: I'd…

CM-led delegation to seek inclusion of Koli/Kabbaligas into STs list

A delegation of Koli/Kabbaliga community leaders, led by Chief Minister B.S. Yediyurappa, will meet Prime Minister Narendra Modi seeking the inclusion of the Koli/Kabbaliga community into the Scheduled Tribes list, chairman of Nijasharana Ambigara Chowdaiah Development Board Baburao Chinchansur said.Addressing a press conference here on Sunday, Mr. Chinchansur said that the delegation will meet Mr.…

Chhattisgarh govt may bring anti-CAA resolution in budget session

Chattisgarh Chief Minister Bhupesh Baghel. File   | Photo Credit: R.V. Moorthy In a cabinet meeting held on January 30 here, the state government decided to request the Centre to repeal the CAA The Congress government in Chhattisgarh might bring a resolution against the Citizenship Amendment Act (CAA) in the budget session of the state…

NEW DELHI: The nation’s 2d most inviting IT services firm Infosys on Friday reported a 2.2 per cent tumble in get income to Rs 4,019 crore for the quarter ended September 30, 2019. The firm had posted a get income of Rs 4,110 in the identical length final 365 days.

In phrases of quarter-on-quarter (q-o-q) utter, the IT well-known recorded a rise of 5.70 per cent in its get income for the quarter ended September 30, towards Rs 3,802 crore income posted in June quarter.

The Bengaluru-based mostly entirely firm saw its revenues rise 9.8 per cent to Rs 22,629 crore in the quarter under overview from Rs 20,609 crore in the 365 days-ago length.

“Our performance modified into sturdy on a couple of dimensions – income utter, digital utter, working margins, operational efficiencies, ample deal signings and low cost in attrition,” Infosys CEO and managing director Salil Parekh talked about.


All these are definite signs that the firm is progressing successfully in its wander of client-centricity and maximising payment for its stakeholders, he added.


The firm also raised the decrease-discontinue of its FY20 income steering and the revised forecast now stands at 9-10 per cent utter in constant currency phrases.


The Infosys board also declared an intervening time dividend of Rs 8 per equity fragment.


Infosys shares rose by over 4 per cent sooner than its September quarter earnings. The scrip gained 4.19 per cent to shut at Rs 815.70 on the BSE. On the NSE, it jumped 4 per cent to shut at Rs 815.


Be taught More
news image

Latest News

See pattern to who Trump is pardoning

JUST WATCHEDThere's a pattern to who Trump is pardoningReplayMore Videos ...MUST WATCHCNN's John Avlon takes a look at the eleven people President Trump pardoned this week - they all have a Fox News connection, according to the New York Times.Source: CNNPolitics of the Day (15 Videos)There's a pattern to who Trump is pardoningHoward Dean: I'd…

CM-led delegation to seek inclusion of Koli/Kabbaligas into STs list

A delegation of Koli/Kabbaliga community leaders, led by Chief Minister B.S. Yediyurappa, will meet Prime Minister Narendra Modi seeking the inclusion of the Koli/Kabbaliga community into the Scheduled Tribes list, chairman of Nijasharana Ambigara Chowdaiah Development Board Baburao Chinchansur said.Addressing a press conference here on Sunday, Mr. Chinchansur said that the delegation will meet Mr.…

Chhattisgarh govt may bring anti-CAA resolution in budget session

Chattisgarh Chief Minister Bhupesh Baghel. File   | Photo Credit: R.V. Moorthy In a cabinet meeting held on January 30 here, the state government decided to request the Centre to repeal the CAA The Congress government in Chhattisgarh might bring a resolution against the Citizenship Amendment Act (CAA) in the budget session of the state…

Links 2/23/2020

Lockhart’s piece is a delightful bit of hand-wringing. I can just see the Sanders ads that come out of a MB focus on him Please, oh please, ‘bring it on’ My first attempt: “Hi, I’m Bernie Sanders, You’ve probably noticed a lot of advertising by billionaire Mike Bloomberg attacking me And you’ve probably noticed that…

Sr Salesforce Adminstrator

** The Sr. Salesforce Administrator will join our Business Applications team and be responsible for maintaining and driving enhancements to our Salesforce platform including: user support and training, user management, configuration, documentation, identifying and troubleshooting issues, resolving system defects and building advanced reports and dashboards. This is a senior role working with cross-functional global teams…

More Articles Like This