IT major Infosys Friday reported 10.5 per cent growth in consolidated net profit at Rs 4,078 crore for the March 2019 quarter as against Rs 3,690 crore a year ago. For example, if you view or listen to any embedded audio or video content you may be sent cookies from the site where the embedded content is hosted. "Consolidated revenues are expected to grow 7-9 per cent in dollar terms and 8.2-10.2 per cent in rupee terms for fiscal 2018-19," said the city-based IT firm in a regulatory filing on the BSE. Read more about Infosys to grow 9% in FY 2019; net dips in Q4 on Business Standard. Archived Earnings conference call - Audio | Transcript, Compliance Report on Corporate Governance, IFRS USD Earnings release for year ended March 31, 2019, IFRS USD statement of comprehensive income for three months ended March 31, 2019, IFRS USD Auditors Report for year ended March 31, 2019, IFRS Consolidated Interim Financial Statements (INR) for three months and year ended March 31, 2019, IFRS INR Auditors Report for three months and year ended March 31, 2019, Archived Earnings conference call - Audio. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit zeenews.india.com websites that posts a link to this Policy (collectively, “the sites”). The Bengaluru, India-based software giant said its board declared an interim dividend of about $0.10 per American Depository Share. Gross addition of employees was about 14,200 in Q4 and over 70,000 for FY2019. ... Company created a special bonus pool of $10 million that will be paid to employees in addition to their variable pay. We use persistent cookies to improve your experience of using the sites. This icon appears only for the plans where at least one statement has been generated and the attribute ‘includeStatementLink’ has been set to true in the XML template. Infosys Ltd.’s quarterly profit rose after it ramped up deal execution as headwinds from the Covid-19 outbreak eased.That gave the software services exporter enough confidence to increase its growth forecast for the rest of the fiscal. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. Beware of fakes! ALSO READ: Infosys Q4 net profit up 2.4%, declares dividend of Rs10/share. May 20, 2019, 17:10 PM IST Infosys Q4 net profit up 10.5% to Rs 4,078 crore "Our planned investments have started yielding benefits. As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business," Infosys CEO and Managing Director Salil Parekh said. Global software major Infosys Ltd on Friday projected a robust revenue growth of 9 per cent in dollar terms for fiscal 2018-19 despite its net profit declining 28 per cent sequentially in the fourth quarter of 2017-18. Tata Consultancy Services (TCS) Gives 120% Variable Pay To Employees TCS posted its biggest-ever net profit of Rs 6,904 crore in Q4, beating analysts' average … Salaries posted anonymously by Infosys employees. Such cookies and other technologies helps us to identify you and your interests, to remember your preferences and to track use of zeenews.india.com We also use cookies and other tracking technologies to control access to certain content on our sites, protect the sites, and to process any requests that you make to us. 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Infosys also said average salary hikes for employees would be in mid-high single digits. Infosys third-quarter fiscal 2019 results benefited from solid deal wins, geographical expansions and business segmental growth. Some features used on this website may involve a cookie being sent to your computer by a third party. Infosys gives 95% variable pay in Q3. For example, these cookies track what content are most frequently visited, your viewing history and from what locations our visitors come from. Access now. Revenue of the city-based firm grew 19.1 per cent to Rs 21,539 crore in the quarter under review from Rs 18,083 crore in the corresponding period last fiscal, Infosys said in a BSE filing. zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use. The country's second-largest software services firm expects its topline to grow 7.5 - 9.5 per cent in FY2019-20 in constant currency terms. 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Infosys Q2 preview: Dollar revenue growth seen around 4% on large deals, recovery in BFSI 15.07.2020 Infosys Q1 profit at Rs 4,233 crore, FY21 constant currency revenue growth seen at 0-2% New Delhi: IT firm Infosys has announced to roll out 100% variable pay in July-September quarter along with a one-time special incentive to junior level employees for the Q2. We may also allow our third-party service providers to use cookies on the sites for the same purposes identified above, including collecting information about your online activities over time and across different websites. The information provided below about cookies also applies to these other tracking technologies. Infosys Limited, is an Indian multinational corporation that provides business consulting , information technology and outsourcing services. ... highest variable pay-outs in many years. After including the interim dividend of Rs 7 per share, the total dividend for the fiscal will amount to Rs 17.50 per share, it said.Â. Infosys announces the results for its fourth quarter and year ended March 31, 2019, on Friday, April 12, 2019. Parekh, who joined Infosys in January 2018, received Rs 6.07 crore in fixed salary and Rs 10.96 crore in bonus, incentives and variable pay in 2018-19. You may refuse to accept browser Cookies by activating the appropriate setting on your browser. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. ... Company created a special bonus pool of $10 million that will be paid to employees in addition to their variable pay. Infosys net profit fell 28 percent on a sequential basis to Rs 3,690 crore in Q4. A free inside look at Infosys salary trends based on 84247 salaries wages for 1217 jobs at Infosys. This includes recording your acceptance of our cookie policy to remove the cookie message which first appears when you visit our site. Infosys Q4 results: Key figures in a nutshell The total revenues were of the firm came in at Rs 21,539 crore, implying a growth of 19.1% YoY and 0.6% QoQ. Lowers interest rate up to 30 bps, Kumbh Mela 2021: 4 Shahi Snan, 9 Ganga Snan this year—check the dates of this auspicious holy bath, CBSE Class 10, 12 Board Exam 2021: Date sheet declaration? For the full financial year, Infosys' net profit declined by 3.9 per cent to Rs 15,410 crore, while revenue increased 17.2 per cent to Rs 82,675 crore. Most senior executives got only half of their variable pay due to the company’s bad performance. The Bengaluru-based technology major had posted Rs 3,690 crore profit in the same quarter a year ago. Read more about Infosys to announce Q4 results on Monday; here's what to expect on Business Standard. Infosys Q4 result: Net profit grows 11% YoY to Rs 4,078 cr. 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