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Friday 15 April 2016

Infosys Q4 net up 3.8%, FY17 $ revenue growth seen at 11.8-13.

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IT software major Infosys' fourth quarter profit and operating profit margin beat analysts' expectations on Friday but revenue matched estimates. Profit grew by 3.8 percent to Rs 3,597 crore in January-March quarter compared to Rs 3,465 crore in preceding quarter. Revenue increased 4.1 percent sequentially to 16,550 crore from Rs 13,411 crore in same period.  The company says dollar revenue in Q4 rose 1.6 percent to USD 2,446 million and 1.9 percent in constant currency compared to preceding quarter.

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