Infosys announces 8% average salary increment for FY14
11 years, 9 months ago

Infosys announces 8% average salary increment for FY14

India TV News  

New Delhi, June 13: Infosys, India's second-largest software exporter on Thursday announced salary increments of an average 8% for the financial year 2014. The global sales force will see an average increase of 8% which will be effective May 1, 2013.Employees based in other geographies, who have not been covered by salary increases in February 2013, can look forward to an average increase of 3%.Infosys has been in focus this month for getting back NR Narayana Murthy as its Executive Chairman. Earlier this month, ET had reported that employees at the Electronics City campus of Infosys on the outskirts of Bangalore said Murthy's return is like the unexpected, surprise visit of an extended family member. We have an extended family and whenever a family member comes back, either invited or as a surprise, you are always happy," said Shishank Gupta, an assistant vice-president at India's second-largest software exporter.Murthy, who is turning 67 in August, was designated as the chairman emeritus after he announced his retirement from all executive posts at the age of 65 in 2011.

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History of this topic

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore
2 weeks, 2 days ago

Infosys block deal on March 12: Former CEO’s daughter Shruti Shibulal acquires 29.84 lakh shares for ₹469 crore

Live Mint  

Infosys block deal on March 12: Shruti Shibulal, one of Infosys's promoters, acquired additional shares of India's second-largest information technology giant on Wednesday, March 12, through an open market transaction for ₹469 crore. Infosys Q3 Results On January 16, the Sahil Parekh-led tech giant reported a rise of 11.4 per cent in net profit to ₹6,806 crore in the October-December …

Infosys salary hike: India’s second-largest IT major rolls out increments for employees, average hike pegged at 5-8%
1 month ago

Infosys salary hike: India’s second-largest IT major rolls out increments for employees, average hike pegged at 5-8%

Live Mint  

Infosys salary hike: India’s second-largest information technology services company, Infosys, has begun implementing employee salary hikes. On average, the salary hikes for most of the employees at Infosys range from 5-8 per cent. "Broadly, the comp that we are expecting is 6-8 per cent in India, and the overseas comps will be in line with the earlier comp reviews," Infosys’ …

Infosys employees get 5-8% salary hikes, lower than before: Report
1 month ago

Infosys employees get 5-8% salary hikes, lower than before: Report

India Today  

Infosys has rolled out salary hikes for its employees, but the increases are lower than in previous years, according to a report by The Economic Times. The IT firm sent salary revision letters to employees, offering hikes between 5% and 8% for most, depending on their performance rating. The company classified employees into three performance categories "met expectations," "commendable performance," …

Infosys Layoffs: IT major gives pink slips to 400 campus recruits after they fail evaluation test
1 month, 3 weeks ago

Infosys Layoffs: IT major gives pink slips to 400 campus recruits after they fail evaluation test

Live Mint  

Infosys Layoffs: IT major Infosys Limited is in the process of laying off 400 trainees after they failed evaluation tests in three consecutive attempts, reported the news portal Moneycontrol, citing people aware of the development. “At Infosys, we have a rigorous hiring process where all freshers, after undergoing extensive foundational training at our Mysuru campus, are expected to clear internal …

What do early salary hikes at Infosys say about India's IT sector
1 month, 3 weeks ago

What do early salary hikes at Infosys say about India's IT sector

Firstpost  

Infosys usually rolls out hikes in June by sending revision letters for increments effective from April. However, this system was not followed in 2024 for the appraisal cycle of September 2022-October 2023 India’s largest IT services firm Infosys has announced that it will roll out annual salary hikes starting as soon as February. People familiar with the developments told the …

What do early salary hikes at Infosys say about India's IT sector
1 month, 3 weeks ago

What do early salary hikes at Infosys say about India's IT sector

Firstpost  

Infosys usually rolls out hikes in June by sending revision letters for increments effective from April. Image source: Infosys India’s largest IT services firm Infosys has announced that it will roll out annual salary hikes starting as soon as February. People familiar with the developments told the Economic Times that the company’s chief human resources officer told employees that “those …

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns
2 months, 1 week ago

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Hindustan Times  

Shares of India's No.2 IT company Infosys fell nearly 6% on Friday despite beating third-quarter result estimates, as analysts raised concerns about the quality of earnings. The company's revenue growth was driven by a higher component of "third-party items" in its deal pipeline, "which drove concerns around the quality of the beat and raise", Morgan Stanley analysts said in a …

Infosys to roll out 6-8% annual salary hikes in India from January 2025: Report
Trending News
2 months, 1 week ago

Infosys to roll out 6-8% annual salary hikes in India from January 2025: Report

Hindustan Times  

Infosys will be rolling out 6-8% annual salary hikes for employees in India from January 2025, according to a Moneycontrol report. "Broadly, the comp that we are expecting is 6-8% in India, and the overseas comps will be in line with the earlier comp reviews," the report quoted Infosys’ Chief Financial Officer Jayesh Sanghrajka as saying while addressing the press …

Infosys is said to offer 6-8 per cent salary hike to employees
2 months, 1 week ago

Infosys is said to offer 6-8 per cent salary hike to employees

India Today  

Infosys is reportedly gearing up to offer a salary hike of 6-8 per cent to its employees, with the increments set to be rolled out in two phases, starting from January 1, 2025, and April 1, 2025. Jayesh Sanghrajka, the Chief Financial Officer of Infosys, indicated that these salary hikes are likely to impact the company’s margins in the last …

Infosys beats TCS as growth continues on the back of North America business
2 months, 1 week ago

Infosys beats TCS as growth continues on the back of North America business

Live Mint  

The growth engines that fuelled Infosys Ltd’s performance in the first half of the financial year retained momentum in the December quarter helped by strong business in its core North American market. India’s second-largest information technology services company also raised its full-year revenue outlook for the third time this financial year, crediting improving discretionary spending by financial services companies in …

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights
2 months, 1 week ago

IT major Infosys posts 11.4% YoY rise in net profit to ₹6,806 crore; here are 5 key highlights

Live Mint  

Infosys, India's second-largest IT services exporter, posted an 11 per cent year-on-year increase in consolidated net profit, reaching ₹6,806 crore, while its revenue from operations rose by 8 per cent YoY to ₹41,764 crore. Here are five key highlights from Infosys Q3 results - Net profit The company reported a net profit of ₹6,806 crore for the quarter under review, …

Infosys attrition rate rises to 13.7% in December quarter, headcount rises by 5,591 to 3.23 lakh employees
2 months, 1 week ago

Infosys attrition rate rises to 13.7% in December quarter, headcount rises by 5,591 to 3.23 lakh employees

Live Mint  

Infosys Q3 Results: Infosys announced its October-December quarter results for fiscal 2024-25 on Thursday, January 16, 2025, reporting an attrition rate of 13.7 per cent, compared to 12.9 per cent in the preceding September quarter and the year-ago period. India's second-largest software services company added a net of 5,591 employees in the third quarter of the current fiscal year, bringing …

Ex-Infosys employee opens up about 9 years of ’unchained’ slavery, reveals personal story
2 months, 1 week ago

Ex-Infosys employee opens up about 9 years of ’unchained’ slavery, reveals personal story

Live Mint  

An ex-Infosys employee shared his experience of working at Narayana Murthy's Infosys, drawing a stark contrast between the work culture at Infosys and other big tech firms. He said, “I earn ₹ 1.7 lakh—nearly 400% more.” However, engineers receive only an 80- 100 per cent hike if they switch from Infosys to their current company. He said, “I earn 1.7 …

Infosys Q3 Results: Net profit surges 11% to Rs 6,806 crore, revenue up 8%
2 months, 1 week ago

Infosys Q3 Results: Net profit surges 11% to Rs 6,806 crore, revenue up 8%

India Today  

IT giant Infosys reported its third quarter results on Thursday, posting an 11% year-on-year rise in consolidated net profit to Rs 6,806 crore. The Bengaluru-based tech giant also revised its revenue guidance for the current fiscal year upward to 4.5%-5%, signalling optimism in its growth trajectory despite global economic uncertainties. GOOD DEALS DRIVE POSITIVE Q3 GROWTH Infosys clocked a total …

Ex Infosys employee says worked there crazy for 9 years, had only Rs 35,000 monthly salary
2 months, 1 week ago

Ex Infosys employee says worked there crazy for 9 years, had only Rs 35,000 monthly salary

India Today  

A former Infosys employee from Bengaluru took to Reddit to share his candid experiences of working at one of India's largest IT firms. He also mentioned that whenever he refers former Infosys colleagues to his current company, they usually receive an 80-100 per cent hike in pay, revealing how underpaid employees at Infosys continue to be. "I paid Rs 3,200 …

Infosys Q3 results tomorrow: 5 things to watch out for
2 months, 1 week ago

Infosys Q3 results tomorrow: 5 things to watch out for

Live Mint  

When Infosys Ltd announces its third-quarter results on Thursday, investors and analysts will be looking for clues into whether the company can overcome potential growth obstacles and if it is on course to surpass its FY24 performance. The two Indian information technology services companies that have so far announced results for the December quarter—a seasonally weak period for the sector …

Salary hikes coming! Infosys workers may get pay bumps from February, says report
2 months, 2 weeks ago

Salary hikes coming! Infosys workers may get pay bumps from February, says report

Live Mint  

Employees of IT giant Infosys may get letters regarding their salary hikes in February 2025, according to a report by The Economic Times citing sources. All employees at job level five and below are likely to get raise from February, with effect from January 1, 2025, in what will be a sweet start this new year, the report added, citing …

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings
Trending News
2 months, 3 weeks ago

Looking within: Infosys turns to employees for new ideas to be scaled up as business offerings

Live Mint  

In a first, Infosys Ltd has asked employees to think out of the box and come up with new ideas that can be scaled up and offered to clients as part of a business incubator programme. A core objective of the ‘Be The Next Business Incubator’ programme, which is open to all employees across job levels, locations and subsidiaries, is …

Infosys delays salary hikes, here is when employees will get it
Trending News
2 months, 3 weeks ago

Infosys delays salary hikes, here is when employees will get it

India Today  

Infosys has delayed its annual salary hikes, with employees now getting increments in the fourth quarter of the current financial year. Other IT firms like HCLTech, LTIMindtree, and L&T Tech Services have also skipped salary hikes recently in efforts to manage costs and maintain profitability. MoneyControl reported that the company’s margins improved slightly by 10 basis points thanks to cost-saving …

Infosys defers annual salary hikes to fourth quarter: Report
Trending News
2 months, 3 weeks ago

Infosys defers annual salary hikes to fourth quarter: Report

Hindustan Times  

Infosys Ltd, India’s second-largest information technology services company has deferred annual wage hikes to the fourth quarter of the financial year 2024-25, Moneycontrol reported. Usually the wage hikes are implemented earlier in the year, and the postponement reflects the uncertainty in global demand for IT services, delayed client budgets, and macroeconomic uncertainties, according to the report. Infosys had said on …

IT giant Infosys defers annual salary hikes to Q4. 3 reasons why
2 months, 3 weeks ago

IT giant Infosys defers annual salary hikes to Q4. 3 reasons why

India Today  

India’s second-largest IT services provider, Infosys, has postponed its annual salary increments to the fourth quarter of the current financial year, reported moneycontrol.com. As part of its phased approach, Infosys had earlier announced plans to implement wage hikes partially in January and fully by April, as confirmed by Chief Financial Officer Jayesh Sanghrajka during the company’s Q2 earnings call. Despite …

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%
3 months, 4 weeks ago

Infosys Share Price Today on 29-11-2024: Infosys share price are up by 0.34%, Nifty up by 0.87%

Live Mint  

Infosys Share Price Today on 29-11-2024: At 29 Nov 11:25 today, Infosys shares are trading at price ₹1863.7, 0.34% up from the previous closing price. On the technical front, the stock is trading above the 20,100,300 days SMA & lower than the 5,10,50 day SMA. The stock will have support at 20,100,300 days SMA & face resistance at 5,10,50 days …

Infosys Distributes 85% Average Performance Bonus For Q2 FY25, Says Report
4 months ago

Infosys Distributes 85% Average Performance Bonus For Q2 FY25, Says Report

ABP News  

India’s IT services giant, Infosys, has reportedly announced an 85 per cent average performance bonus payout for its eligible employees for the second quarter of the September 2024-25 fiscal year. In Q2 FY25, ending September, Infosys continued to lead industry growth for the second consecutive quarter, reporting a 4.7 per cent year-on-year increase in consolidated net profit, reaching Rs 6,506 …

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%
4 months ago

Infosys Share Price Today on 22-11-2024: Infosys share price are up by 1.19%, Nifty up by 1.3%

Live Mint  

Infosys Share Price Today on 22-11-2024: At 22 Nov 12:48 today, Infosys shares are trading at price ₹1856, 1.19% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days …

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook
8 months, 1 week ago

Infosys Q1 FY25 Results: Net profit rises 7.1% to ₹6,368 crore; hikes FY25 growth outlook

The Hindu  

IT major Infosys Ltd on Thursday reported a 7% rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to ₹6,368 crore in the April-June quarter, compared to ₹5,945 crore in the same period a year back, according to a stock exchange filing by the company. Quarter-on-quarter …

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend
8 months, 1 week ago

Infosys Q1 results: Revenue up 7%, net profit grows 3.6%, revenue outlook raised, ₹11,625 crore set for dividend

Hindustan Times  

Infosys raised its revenue growth forecast for the financial year 2024-25 on July 18, raising the growth percentage to 4% from 3% earlier. The IT giant's consolidated revenue grew 7% to ₹39,315 crore for the first quarter of the financial year 2024-25 from ₹37,933 during the previous year. The company had previously revised its yearly revenue growth guidance five times …

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%
8 months, 1 week ago

Infosys Q1 Results: Net Profit Rises 7% To Rs 6,368 Cr; Revenue Growth Outlook Raised To 3-4%

News 18  

Infosys Q1 Results 2024: In Q1 FY25, Infosys reported a 7.1% year-on-year increase in net profit to Rs 6,368 crore, surpassing expectations. Infosys Results Today Salil Parekh, CEO and MD, Infosys, said, “We had an excellent start to FY25 with strong and broad-based growth, operating margin expansion, robust large deals, and highest ever cash generation. According to analysts, Infosys was …

Infosys announces sops to employees willing to relocate to Hubballi campus
9 months, 1 week ago

Infosys announces sops to employees willing to relocate to Hubballi campus

The Hindu  

Infosys has introduced a relocation policy to incentivise employees willing to take a transfer to its Development Centre in Hubballi in Karnataka. The IT firm in an email told employees that Hubballi has a huge potential for growth and the small city was waiting for the right talent, like them, to build its future. Employees at band 2 and above …

Tech layoffs: Infosys CEO says company is not ‘downsizing’, no job cuts expected
10 months ago

Tech layoffs: Infosys CEO says company is not ‘downsizing’, no job cuts expected

Hindustan Times  

Infosys CEO Salil Parekh said that the company has no plans to cut jobs amid layoffs in the tech industry. Infosys CEO Salil Parekh said that Infosys will not follow the trend of downsizing. "We at Infosys, a very strong and generative AI and over the next several years, we will have more and more people joining us who become …

Narayana Murthy gifts Infosys shares worth Rs 240 crore to 4-month-old grandson
1 year ago

Narayana Murthy gifts Infosys shares worth Rs 240 crore to 4-month-old grandson

New Indian Express  

BENGALURU: Infosys founder NR Narayana Murthy has gifted 15 lakh shares or 0.04% stake worth over Rs 240 crore in the IT company to his four-month-old grandson Ekagrah Rohan Murty. Sudha Murty, who recently took oath as Rajya Sabha MP, holds 0.83% stake worth about Rs 5,600 crore in Infosys. While their daughter holds 0.94% stake, Rohan Murty holds 1.47% …

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report
1 year, 2 months ago

TCS, Infosys, other IT majors add $22 bln in market value in 2 sessions: Report

Live Mint  

With last quarter's higher-than-expected sales surprising investors and improving the outlook for the industry, shares of Indian software giants got off to a roaring start in the new year. The four major software companies have added roughly $22 billion in market value in just two trading sessions since Thursday, when the earnings season began, led by industry heavyweights Tata Consultancy …

Infosys Employees To Get 80% Average Variable Payout For Q2 This Month; Check Details
1 year, 4 months ago

Infosys Employees To Get 80% Average Variable Payout For Q2 This Month; Check Details

News 18  

IT major Infosys is going to give 80 per cent average variable pay to its employees this month for the July-September 2023 quarter, according to an ET report. The 80 per cent average variable pay in September 2023 is, however, higher than the 60 per cent average variable pay received by employees in the April 2023 quarter and 70 per …

Infosys Q2 Print: IT major to roll out wage hikes from Nov 1, skip campus hiring
1 year, 5 months ago

Infosys Q2 Print: IT major to roll out wage hikes from Nov 1, skip campus hiring

Live Mint  

Infosys will roll out salary hikes starting from November 1 and will skip campus hiring this year as it has a ‘way to go’ on utilisation, adding that it will honour the offers that have been made so far, said Nilanjan Roy, Chief Financial Officer, Infosys. India's second largest software services exporter announced its earnings for the July-September quarter of …

Infosys announces Q1 results, says hiring to continue based on…
1 year, 8 months ago

Infosys announces Q1 results, says hiring to continue based on…

Live Mint  

Infosys Ltd. announced its Q1 results on Thursday, noting that attrition numbers and the demand environment would shape hiring decisions for the rest of the year. “We still have a target for recruiting for this year.but we will see how that plays out with respect to the changes in terms of the demand environment and what we do in terms …

Infosys attrition rate drops in Q1, employee headcount falls marginally
1 year, 8 months ago

Infosys attrition rate drops in Q1, employee headcount falls marginally

Live Mint  

IT services company Infosys on Thursday declared its Q1 results. The firm also shared an update on the attrition rate at the company which has shown an improvement and stands at 17.3% at the end of June 2023 quarter. Attrition eased to 17.3 per cent from 20.9 per cent in the March quarter and 28.4 per cent in the year-ago …

Infosys Q1 Results: FY24 revenue guidance sharply trimmed to 1-3.5% from 4-7%
1 year, 8 months ago

Infosys Q1 Results: FY24 revenue guidance sharply trimmed to 1-3.5% from 4-7%

Live Mint  

India’s second-largest information technology company Infosys Ltd announced its April-June quarter results for fiscal 2023-24 on July 20, sharply trimming its revenue guidance to 1-3.5 per cent for FY24 from 4-7 per cent amid an increasingly challenging demand environment. Infosys reported a rise of 11 per cent in net profit to ₹5,945 crore, compared to ₹5,360 crore in the corresponding …

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore
1 year, 8 months ago

Infosys Q1 Results: Net profit rises 11% on year to ₹5,945 crore

Live Mint  

Infosys Q1 Results: Information Technology services major, Infosys Ltd on Thursday reported an 11% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹5,945 crore. The IT company's consolidated revenue from operations stood at ₹37,933 crores during the quarter ended June from ₹34,470 crore in Q1FY23. The company's consolidated total income for the quarter …

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?
1 year, 8 months ago

Infosys to announce Q1 earnings results for FY24 tomorrow. Where to track, what to expect?

Hindustan Times  

On Thursday, Infosys will announce its earnings results for the first quarter ended June 30 for the financial year 2023-24. Expectations A CNBC TV18 poll expects Infosys' revenue to be at 4591.5 and 37,716, an increase of 0.8% and 0.7% respectively from the previous March quarter. Also, the company is expected to make a net profit of ₹6193.5 crore, 1.1% …

TCS gives 12 to 15 per cent salary hikes to best performing employees, commences promotion cycle
1 year, 8 months ago

TCS gives 12 to 15 per cent salary hikes to best performing employees, commences promotion cycle

India Today  

It’s the appraisal season and some IT companies have started rolling out hikes. While some companies like Infosys and HCLTech have deferred salary hikes, TCS has given good pay raises to employees. As per ET Markets report, Tata Consultancy Services has decided to give its employees a raise in salary, even though it caused a slight drop in the amount …

Bad news for Infosys employees: IT major defers salary hikes
1 year, 8 months ago

Bad news for Infosys employees: IT major defers salary hikes

Live Mint  

One of India's largest tech giants, Infosys, has deferred the payment hikes of its employees which it usually rolls out from April for its employees below the senior management level, according to a Moneycontrol report. Generally, the company rolls out hikes for its senior management in July, but so far even the senior management hasn't receive any news about its …

Infosys rewards employees by allotting shares under two schemes; check details
1 year, 10 months ago

Infosys rewards employees by allotting shares under two schemes; check details

Live Mint  

Employees receive many rewards from IT companies in not just bonuses, incentives but also in the form of equity shares for their key contributions to the growth. In its exchange filing on May 14, Infosys said, "This is to inform that the Company has allotted 5,11,862 equity shares on May 12, 2023, pursuant to the exercise of Restricted Stock Units …

Infosys Shares Slip Nearly 15 Per Cent, Rs 73,060 Crore Wiped From Market Valuation Post Q4 Disappointments Report IT Stock NSE BSE Stock Market Crash
1 year, 11 months ago

Infosys Shares Slip Nearly 15 Per Cent, Rs 73,060 Crore Wiped From Market Valuation Post Q4 Disappointments Report IT Stock NSE BSE Stock Market Crash

ABP News  

The stock market crash on Monday wiped out Rs 73,060.65 crore from Infosys' market valuation as its shares plunged over 15 per cent. Last week on Thursday, Infosys logged a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in the March quarter of FY23. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, …

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter
1 year, 11 months ago

Infosys misses revenue estimate, profit and revenue both decline quarter-on-quarter

The Hindu  

Infosys on Thursday said it recorded an 8% year-on-year increase in fourth-quarter net profit to ₹6,128 crore. “Infosys delivered a surprisingly weak set of numbers for Q4 and missed street estimates on all multiple fronts on the back of unplanned project ramp-downs and cancellation across sectors,” said Sanjeev Hota, head of research, Sharekhan by BNP Paribas. “We have seen unplanned …

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%
1 year, 11 months ago

Infosys FY24 guidance: Firm sees revenue growth at 4-7% in CC, margins at 20-22%

Live Mint  

IT company Infosys on Thursday gave a revenue guidance of 4% to 7% in constant currency terms for the current financial year. The Bengaluru-based IT giant also posted a 7.8% year-on-year rise in consolidated net profit at ₹6,128 crore in March quarter of FY23. Infosys - which competes in the market with Tata Consultancy Services, Wipro and other IT firms …

Infosys Q4 Results: Attrition Declines To 20.9%; Low Hiring, Employee Headcount Reduces By 3,611 QoQ
1 year, 11 months ago

Infosys Q4 Results: Attrition Declines To 20.9%; Low Hiring, Employee Headcount Reduces By 3,611 QoQ

News 18  

Infosys Q4 Results: IT services company Infosys on Thursday announced its quarter four results. Infosys posted nearly 8% increase in consolidated net profit at Rs 6,128 crore for the quarter ended March 31, 2023. The company’s total employee counts at the end of quarter four stood at 3,43,234, which is lesser by 3,611 from quarter three headcount of 3,46,845. Meanwhile, …

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore
1 year, 11 months ago

Infosys Q4 consolidated net profit rises 7.8% year-on-year to ₹6,128 crore

Hindustan Times  

Technology giant Infosys on Thursday said its fourthn quarter net profit rose to 7.8 per cent year-on-year to ₹6,128 crore. Infosys March quarter consolidated net profit rises 7.8 pc year-on-year to ₹ 6,128 crore: Regulatory filing. The company said its March quarter consolidated revenue up by 16 per cent year-on-year at ₹37,441 crore. The company said its revenue rose 16.9 …

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for
1 year, 11 months ago

Infosys Q4 Results Today: After TCS results, 5 key metrics to watch out for

Live Mint  

Infosys, an IT company, is slated to announce its fourth-quarter earnings for FY23 today, which may be impacted by seasonal weakness and macroeconomic uncertainties. Revenue growth According to media reports, Infosys is anticipated to experience a revenue growth of approximately 1-2.4 per cent, which may be hindered by macroeconomic challenges. During the third quarter, Infosys experienced a decrease in attrition, …

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say
1 year, 11 months ago

Infosys shares rise over 1% ahead of Q4 results. Here’s what analysts say

Live Mint  

Shares of information technology services major Infosys rose during Wednesday's trading session a day before the IT company is scheduled to announce its financial results for the March quarter on Thursday, 13 April. Ahead of its fourth quarter results, shares of Infosys have an average price target of ₹1,720.36, as per publicly available data with Trendlyne, which suggests a 20.84 …

IT firms likely to record muted hiring in Q4. What to expect from TCS, Infosys?
1 year, 11 months ago

IT firms likely to record muted hiring in Q4. What to expect from TCS, Infosys?

Live Mint  

Major IT companies have lined up to present their fourth quarter earnings for fiscal year FY23, starting with TCS and Infosys later this week. For FY23, B&K expects net addition of over 40,000 in TCS versus an addition of 1 lakh in FY22 and 40,000 in FY21. Meanwhile, HCL Tech is likely to record a net addition of more than …

From ₹10,000 to over $16 billion now: Infosys has much to celebrate
2 years, 3 months ago

From ₹10,000 to over $16 billion now: Infosys has much to celebrate

Live Mint  

New Delhi/Bengaluru: In today’s India where startups are in vogue, it may be hard to imagine that the seven co-founders of Infosys Ltd, now the country’s second-largest IT services provider, were unaware of the term when they embarked on their entrepreneurial journey four decades ago. To celebrate its four decades in the industry, Infosys will have a discussion on Wednesday …

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