Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

Infosys Q1 profit increases 4% YoY to Rs.3,612 crore

Equitypandit_Infosys

Infosys has reported 3.70% YoY increase in profit at Rs.3,612 crore, for the quarter ended June 30,2018.

Revenue for the quarter came in at Rs.19,128 crore, up 12% on a YoY basis. In dollar terms, revenue increased 6.8% on a yearly basis. Sales were up 6% in constant currency terms. Operating margins came in at 23.7%.

Further, the company has announced a bonus issue of one equity share for every equity share held and a stock dividend of one American Depository Share (ADS) for every ADS held, as on a record date to be determined.

Read EquityPandit’s Technical Analysis of Infosys

Get Daily Prediction & Stocks Tips On Your Mobile