- Revenue stood at Rs 21,400 crore for the quarter ended December 31, up 3.8 per cent compared with Rs 20,609 crore in the previous three-month period.
- In constant currency terms, revenue growth stood at 2.7 per cent in the October-December period. The growth stood at 10.1 per cent in constant currency terms compared to the quarter ended December 31, 2017.
- "With increased client relevance, we saw double digit year-on-year growth in Q3 on a constant currency basis," said Salil Parekh, CEO and managing director, Infosys.
- Digital revenues registered a sequential growth of 5 per cent in constant currency terms sequentially (compared with the quarter ended September 30, 2018), and 33.1 per cent annually (year-on-year).
- "We also had another strong quarter in our digital business with 33.1 per cent growth and large deals at $1.57 billion which gives us confidence entering 2019", he added.
- Infosys raised its revenue guidance for financial year 2018-19 to 8.5-9.0 per cent in constant currency terms.
- The IT company announced a share buyback of Rs 8,260 crore at a maximum price of Rs 800 per share.Infosys also declared a special dividend of Rs 4 per share, according to its filing.
- The company also said it was "no longer highly probable" that the sale of its units Kallidus & Skava and Panaya would be completed by March 31, 2019.
- Shares in Infosys closed 0.7 per cent higher at Rs 684.35 apiece on the NSE, outperforming the broader markets which finished 0.3 per cent lower.
- Infosys is the country's second-biggest software services exporter by market capitalisation after Tata Consultancy Services, which reported a record profit of Rs 8,105 crore for the December quarter on Thursday.
(With agency inputs)
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