Infosys won deals worth $2.1 billion in the fourth quarter, lower than $3.3 billion in Q3. Meanwhile, TCS’ deal wins remained strong at $10 billion
The roles of Ravi Kumar S, who exited the company in October last year, were primarily split between Sathish HC and Dinesh Rao
Infosys also saw a one-time impact on revenue, according to the company's leadership.
IT giant Infosys is gearing up to report its Q4 results today on April 13, 2023. After a tepid show by TCS, can Infosys outperform its peers? The company's BFSI business will be in focus. Moneycontrol takes you through the key things to watch out for in Infosys Q4 results.
Infosys Q4 Preview | The company is likely to report a 1.4 percent quarter-on-quarter increase in revenue; net profit is expected to rise marginally by 0.6 percent
The IT services giant is also slated to hold a board meeting on April 13 and 14 to approve and take on record the consolidated financial results of the company for the quarter and year ending March 31, 2021.
The three units include Kallidus, Skava and Panaya, which were acquired during the tenure of Parekh's predecessor, Vishal Sikka.
The company forecast its annual constant currency revenue for FY19 to grow by 6-8 percent.
Harit Shah, senior research analyst at Nirmal Bang Institutional Equities, tells CNBC-TV18 that Rs 165-166 is a more reasonable EPS target for Infosys in FY13
The BSE Sensex started off trade with more than 50 points gap down due to Infosys' disappointing FY13 guidance, but strong global cues helped the market turned positive immediately.