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Infosys net profit rises 17.5% to ₹5,076 crore in March quarter


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Infosys expects FY22 revenue to grow 12-14% in constant currency
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Infosys expects FY22 revenue to grow 12-14% in constant currency
IT services major Infosys on April 14 posted a 17.5% rise in net profit to ₹5,076 crore for the March quarter, and announced up to ₹9,200 crore buyback offer at a maximum price of ₹1,750 per share.
The Bengaluru-based company’s net profit (after minority interest) was ₹4,321 crore in the January-March 2020 quarter.
Its revenue grew 13.1% to ₹26,311 crore in the March 2021 quarter from ₹23,267 crore in the year-ago period, Infosys said in a regulatory filing.
The company’s FY21 net profit was up 16.6% to ₹19,351 crore, while revenue was higher by 10.7% to ₹1,00,472 crore compared to the previous fiscal. ....

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Top news of the day: CBSE postpones Class 12 exams and cancels Class 10 exams; lakhs ignore COVID-19 concerns to take holy dip during Shahi Snan in Haridwar, and more


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Devotees gather to offer prayers during the third Shahi Snan of the Kumbh Mela 2021 at Har ki Pauri Ghat in Haridwar on April 14, 2021.   | Photo Credit:
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For Class 10 students, results will be prepared on the basis of an objective criterion to be developed by the Board. Any candidate who is not satisfied with the allocated marks will be allowed to write an exam as and when conditions are conducive, the Education Ministry said. ....

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Infosys hits fresh 52-week high ahead of Q3 result announcement


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