Technology services major Infosys Ltd on Wednesday said the company's Board approved a share buyback worth Rs 9,200 crore, at a maximum buyback price of Rs 1,750 per share, even as the company reported a 2.3 per cent sequential fall in fourth quarter net profit.
The company also reported a total contract value of $14.1 billion for FY21, an all-time high. Sixty-six per cent of this value was net new.
The firm expects a full year revenue growth of 12-14 per cent in constant currency for FY22, while it expects operating margin in the range of 22-24 per cent.
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