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tcs buyback: Breaking down IT's earnings season and buyback bonanza

“The challenges which the IT companies had still continue. They have worked very hard to ensure the cost escalation does not happen. They have also worked towards gaining large orders.”

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Infosys net profit jumps 11% to Rs 5,945 crore; Dunzo begins fresh layoffs amid deepening crisis

The company sharply cut its FY24 revenue growth estimate on the back of an uncertain global environment. Infosys now sees revenue growing just 1-3.5% in constant currency terms, against 4-7% earlier.

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Infosys cuts FY24 forecast, misses Q1 profit estimates

Analysts surveyed by Bloomberg estimated a June quarter profit of ₹6,245 crore on revenue of ₹37,843 crore

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IT companies like tcs, infosys, wipro, hcl tech Q1 2023-24 earnings preview

Top tier IT sector companies are expected to report a flat to slight decline in constant currency revenues, sequentially. While most analysts agree that TCS

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Infosys aims to double its growth in FY22


Infosys aims to double its growth in FY22
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Last Updated: Apr 15, 2021, 08:27 AM IST
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Synopsis
Infosys, while declaring its Q4 results and revenue growth guidance on Wednesday, also announced a share buyback worth Rs 9,200 crore and a final dividend payout of Rs 15 per share.
Agencies
Terming Infosys’ growth forecast as “an extremely strong guidance”, CEO Salil Parekh said that “this is coming with a strong foundation and demand is coming through (in) a broad-based way".
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NSE
Bengaluru | Pune:
Infosys Ltd. said it would double its growth in the current financial year, as India’s second largest software services exporter struck a confident note—announcing a Rs 9,200-crore share buyback by paying not more than Rs 1,750 per share.

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