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INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Live updates of Infosys' September-quarter earnings

SI Reporter  |  New Delhi 

The country's second-largest software services firm, Infosys, reported its September quarter numbers post market hours today.  During the quarter under review, profit after tax came in at Rs 3,762 crore, as compared to Rs 3,483 crore in the previous quarter. Revenue at Rs 17,567 crore during the quarter was 2.9% higher as compared to Rs 17,078 crore (q-o-q). Revenue of the Bengaluru-based firm grew 1.4 per cent to Rs 17,567 crore in the September quarter of the current fiscal, as against Rs 17,310 crore in the year-ago period. The company lowered its ...

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INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys has identified opportunities for improvements in processes and practices, which have been implemented.

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys "now globally benchmarked its severance pay and revised its senior management employment contracts

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   September quarter annualized consolidated employee attrition at 21.4 per cent

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys to appointed D. Sundaram as chairperson of audit committee with effect from Oct 24

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys rules out irregularities in Panaya deal, severance pay to Bansal

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys management says, "we ended Q2 with highest ever cash on books of over Rs 41,000 crore; see account specific softness in Q3

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

M. D. Ranganath, CFO, Infosys on Q2FY18 numbers   Our focus on improving operational efficiencies enabled us to deliver stable margins in the quarter and at the same time provide compensation increases and higher variable payouts to our employees. We have taken several steps during the quarter towards our capital allocation policy covering Rs 13,000 crore share buyback, coupled with interim dividend of `13 per share for enhancing shareholder returns.

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys management says current company strategy is relevant and will continue

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

U B Pravin Rao, interim CEO and MD on September quarter results   We continue to focus on executing on the theme of software enabled services and on accelerating growth of our new services portfolio. During the quarter, we responded quickly to the management and Board changes through proactive communication with all stakeholders minimizing any negative impact to the business and allowing us to deliver growth across all our large industry units. (Source: Company release)

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys management says have revised revenue guidance given typical softness in Q2

INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Infosys Q2   Infosys management says customer relationships have been stable in Q2.

First Published: Tue, October 24 2017. 18:35 IST
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INFOSYS Q2: PAT at Rs 3,726 cr, FY18 revenue guidance cut

Live updates of Infosys' September-quarter earnings

The country's second-largest software services firm, Infosys, reported its September quarter numbers post market hours today.  During the quarter under review, profit after tax came in at Rs 3,762 crore, as compared to Rs 3,483 crore in the previous quarter. Revenue at Rs 17,567 crore during the quarter was 2.9% higher as compared to Rs 17,078 crore (q-o-q). Revenue of the Bengaluru-based firm grew 1.4 per cent to Rs 17,567 crore in the September quarter of the current fiscal, as against Rs 17,310 crore in the year-ago period. The company lowered its ...

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