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Updated Apr 15, 2021 | 11:49 IST
Infosys share price: The sharp increase in attrition is a cause of worry and could be a risk to the top end of margin guidance, Investec analysts said in a note. Infosys Chief Executive Officer Salil Parekh said in a call with reporters that the company was targeting margins of 22% to 24% for the full year 2021-22. 
New Delhi/Bengaluru: Infosys Ltd shares fell as much as 5.5% on Thursday, a day after the Indian software services firm reported quarterly net profit below analysts estimates and on worries that a spike in voluntary attrition could squeeze margins.
The Bengaluru-headquartered company posted a 17.5% rise in net profit to 50.76 billion rupees ($675.4 million) in the three months to March 31. Analysts had estimated a profit of 51.93 billion rupees, according to Refinitiv data.
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Infosys Q4 Results: Consolidated PAT falls 2.6% QoQ, misses estimate; firm to buy back shares at 25% premium
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Infosys Q4 Results: Consolidated PAT falls 2.6% QoQ, misses estimate; firm to buy back shares at 25% premiumBy
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Infosys reported a 2.8 per cent quarter-on-quarter growth in consolidated revenues for the quarter to Rs. 26,311 crore, which was slightly lower than analysts’ estimate of Rs. 26,701.8 crore.
Infosys Q4 Results: PAT misses estimates; firm approves Rs 9,200 cr share buyback plan and dividend of Rs 15
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MUMBAI: Information technology giant Infosys today reported a 2.6 per cent on quarter fall in its consolidated net profit to Rs 5,078 crore for the quarter ended March, which was lower than analysts’ estimate of Rs 5,170.2 crore.