IT major Infosys, which on April 20 reported the results for the March quarter, missed its FY20 revenue guidance as full-year revenue growth in constant currency was 9.8 percent and 8.3 percent in dollar terms due to lockdown in major parts of the world to limit the spread of novel coronavirus.
The company had estimated full-year revenue growth in constant currency in the range of 10-10.5 percent over FY19.
The company said it is making every effort to tackle the turbulence caused by the coronavirus outbreak.
"Infosys continues to make every effort to deliver the certainty of its services even in these times of uncertainty. Businesses, from various parts of the globe, have acknowledged these efforts and expressed their appreciation for the services and support they are receiving from Infosys," the company said.
Here are eight takeaways from the company's Q4FY20 scorecard:
The numbers: Infosys reported a profit of Rs 4,321 crore for the quarter ended March 2020, 3.1 percent less compared to December quarter 2019, impacted by lower other income (down 25.8 percent) and tax benefits in the previous quarter.
Profitability was ahead of the CNBC-TV18's analysts' poll which was pegged at Rs 4,230 crore due to lower tax cost (down 16.1 percent QoQ).
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