Infosys Q4 Results Net Profit up 12%, FY23 Revenue Growth Seen at 13-15% || Hybiz tv

Infosys Q4 Results Net Profit up 12%, FY23 Revenue Growth Seen at 13-15% || Hybiz tv

India's second-largest software services company Infosys on Wednesday posted a 12 percent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit of Rs 5,076 crore in the corresponding period the previous year, according to a regulatory filing. Infosys' revenue grew 22.7 percent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added. The IT services giant has pegged its revenue growth outlook at 13-15 percent for 2022-23. In the last fiscal year, Infosys' net profit was up 14.3 percent to Rs 22,110 crore, while revenue was higher by 21 percent to Rs 1,21,641 crore compared to the previous fiscal year. "We continue to gain market share as a result of sustained clients' confidence in our ability to successfully navigate their digital journeys," Salil Parekh, CEO, and MD of Infosys said in a statement. “With the acceleration of digital disruptions across industries, we see immense potential to engage and partner with clients as they transform, adapt, and thrive. We will scale talent globally, invest in employees and accelerate innovation and digital capabilities to capitalize on the expanding market opportunity”, he added.

#InfosysGains12%Profit #InfosysQ4ResultsNetProfit #RevenueGrowth #Hybiztv


HyBiz Tv is India’s most watched Digital Business Channel with over One Million regular viewers. in the 12 years of its existence, HyBiz Tv has provided a platform for business houses to promote, project and propagate their products and services. Corporate videos, Promotional videos, Interviews, Ad- films, events coverage, current relevant news, meaningful discussions on contemporary subjects have given the audience relevant content which has helped in the rapid growth of the viewership. Clients from both the Telugu states and across the country have reaped rich dividends by engaging HyBiz Tv and now this has spread all over the country.