Infosys Revenue

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Intense selling in Infosys, which fell over 9 per cent after lower-than-expected revenue guidance for FY24, and HDFC twins also pulled the benchmarks down.

Equity benchmark indices tumbled in early trade on Monday after nine days of rally, dragged down by index major Infosys, which fell nearly 12 per cent after lower-than-expected revenue growth guidance for FY24.

Infosys Ltd shares slumped as much as 10% today to their lowest level in over two years after the IT services exporter forecast revenue growth this fiscal would be the slowest in six years.

Infosys today posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macroeconomic uncertainties.

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.

At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.

Goldman Sachs downgraded topinformation technology service providers Infosys and Tata Consultancy Services to "sell," from "buy," citing slowdown in dollar revenue growth.

India's Infosys Ltd on Sunday reported Junequarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook,

Software services firm Infosys has announced that it'll move its business out of Russia over the invasion of Ukraine.

Infosys Ltd on Wednesday reported a 12 per cent rise in March-quarter profit as it won more contracts from global businesses

Finance ministry officials reviewed the performance of the new income tax e-filing portal on Thursday with Infosys chief Salil Parekh

Infosys Ltd on Wednesday raised its annual revenue outlook as demand rose for its software services from global businesses expanding their digital offerings during the COVID-19 pandemic.

Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...

Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Intense selling in Infosys, which fell over 9 per cent after lower-than-expected revenue guidance for FY24, and HDFC twins also pulled the benchmarks down.

Equity benchmark indices tumbled in early trade on Monday after nine days of rally, dragged down by index major Infosys, which fell nearly 12 per cent after lower-than-expected revenue growth guidance for FY24.

Infosys Ltd shares slumped as much as 10% today to their lowest level in over two years after the IT services exporter forecast revenue growth this fiscal would be the slowest in six years.

Infosys today posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macroeconomic uncertainties.

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.

At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.

Goldman Sachs downgraded topinformation technology service providers Infosys and Tata Consultancy Services to "sell," from "buy," citing slowdown in dollar revenue growth.

India's Infosys Ltd on Sunday reported Junequarter profit that missed estimates, hurt by higher employee expenses, but the IT services company raised its annual revenue outlook,

Software services firm Infosys has announced that it'll move its business out of Russia over the invasion of Ukraine.

Infosys Ltd on Wednesday reported a 12 per cent rise in March-quarter profit as it won more contracts from global businesses

Finance ministry officials reviewed the performance of the new income tax e-filing portal on Thursday with Infosys chief Salil Parekh

Infosys Ltd on Wednesday raised its annual revenue outlook as demand rose for its software services from global businesses expanding their digital offerings during the COVID-19 pandemic.

Infosys announced its July-September quarter results for the financial year 2021-22 on Wednesday, October 13, reporting a net profit of Rs 5,421 crore, up 11.88 per cent year-on-year, on a consolidated basis. The country's second-largest information technology (IT) services provider by market value, raised its annual revenue guidance as pandemic-le...

Infosys announced its April-June quarter results for the financial year 2021-22 on Wednesday, July 14, reporting a net profit of Rs 5,195 crore, up 22.7 per cent year-on-year, on a consolidated basis. The net profit of the country's second-largest information technology (IT) services provider by market value increased in the quarter driven by secur...