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Infosys Limited
Sector:IT IT - Software - Large
BSE:500209NSE:INFYBloomberg:INFO@INReuters:INFY.BO
Market Lot: 1Face Value: 5ISIN Demat: INE009A01021
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13-Apr-2018
Business Profile
Infosys Technologies Limited provides consulting and information technology services to clients globally by delivering end-to-end business solutions. Infosys provides solutions for a dynamic environment where business and technology strategies converge. Its solutions include application development and maintenance, corporate performance management, enterprise quality services, infrastructure services, product engineering and systems integration.

The company caters to industries such as banking and capital markets, automotive, healthcare, insurance, media and entertainment, utilities and transportation.

The company`s next thrust seems to be China. This is quite evident from the fact that the company is planning to hire nearly 1,000 people in Shanghai. The company is also planning to set up its first disaster recovery centre complete with infrastructure, network connections, telecommunication facilities as well as back-up client data in the island of Mauritius.

Financials
The company reported rise of 38.32% in consolidated net profit on y-o-y basis to Rs 51.29 billion, while total income increased 3.66% y-o-y basis to Rs 187.56 billion for the quarter ended December 2017.

Recent Developments
13-APR-18
Infosys, India's second largest software exporter, announced a rise in consolidated net profit for the quarter ended March 2018. During the quarter, the profit of the company rose 2.4% to Rs 36.90 billion from Rs 36.03 billion in the same quarter last year. On sequential basis, the company registered fall of 28.1% in the net profit.

11-APR-18
Calix announced a strategic multi-year partnership with Infosys, that will accelerate communications service provider (CSP) adoption of AXOS, its Software Defined Access (SDA) Platform.

15-MAR-18
Infosys, a global leader in consulting, technology and next-generation services, today announced that it will open its next Technology and Innovation Hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022.

13-MAR-18
Infosys announced its intention to voluntarily delist its American Depositary Shares (ADS) (ISIN US4567881085) from the Euronext Paris and Euronext London exchanges. The primary reason for seeking the proposed delisting is the low average daily trading volume of Infosys ADS on these exchanges, which is not commensurate with the related administrative

09-MAR-18
Infosys, a global leader in consulting, technology and next-generation services today announced that it has been positioned as a Leader in the 2017 NelsonHall NEAT vendor evaluation for Digital Marketing Services. Infosys has been acknowledged for its prowess in delivering immediate client benefits and ability to meet timely client requirements.

06-MAR-18
Infosys, a global leader in consulting, technology and next-generation services, announced that Allison Transmission, the world???s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial

22-JAN-18
Infosys, a global leader in consulting, technology and next-generation services, today announced a strategic partnership with the A.S. Watson Group (ASW), the world's largest international health and beauty retailer, to accelerate ASW's digital transformation initiatives.

12-JAN-18
Infosys, India's second largest software exporter, announced a rise in consolidated net profit for the quarter ended December 2017. During the quarter, the profit of the company rose 38.3% to Rs 51.29 billion from Rs 37.08 billion in the same quarter last year. On sequential basis, the company registered rose of 37.6% in the net profit.



In Brief

 
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