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Becomes first domestic company to provide revenue and profitability guidance, indicating confidence of better days ahead
Infosys' revenue for the quarter under review stood at Rs 23,665 crore, up 8.5 per cent YoY.
Like TCS, Infosys, too, reported a strong 25.6% growth in digital revenues
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America
The Infosys Board has approved issuance of one free share for every share held (1:1 bonus issue)
Q1 profit, revenue beat Street estimates; company raises dollar guidance for year ahead
Interview with associate vice president - Research (Equity) at SMC Global Securities
The stock was up 3% to Rs 1,007 on BSE in early morning trade.
FY18 dollar revenue guidance has been raised to 7.1-9.1 per cent from 6.1-8.1 per cent earlier.