FY 19 Q2 Earnings " Infosys "

in #steemit5 years ago

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Infosys Q3 profit decrease 30% on YOY basis to Rs 3610 cr.

The IT company had posted a net profit of Rs 5129 cr in the corresponding quarter last year.

Revenue increase for the quarter 20% YOY to Rs 21400 cr.

The company announces a shear buy back of Rs 8260 cr at a maximum price of 800 per share.

The company's guidance for the FY 19 revenue in constant currency terms to 8.5 to 9% growth.

The management of the company said that, " With increase client revenue, we saw double digit growth in YOY basis."

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