IT giant's Q4 result: Infosys signs off FY18 with expected numbers

Infosys projected the revenue growth to be in the range of 6-8 per cent in constant currency terms

Infosys met Street expectations on financial numbers for the January-March quarter (Q4) as well as for 2017-18. But the firm’s revenue growth guidance for 2018-19, especially the projection on operating margin, disappointed investors. 

The Bengaluru-based company projected the revenue growth to be in the range of 6-8 per cent in constant currency terms. Operating margin in 2018-19 is expected to be in the range of 22-24 per cent, as the company is looking at spending on digital capabilities, reskilling staff and expanding globally. 

Though the numbers were announced after market hours in India, the firm’s American depositary receipts fell sharply by 7.61