Infosys Q4 results better than expectations

Second largest IT exporter of India, Infosys has surprised the market and industry watchers reporting almost 3000 crores profit for the March ending fourth quarter. It is up by about 25% compared to the last quarter. The company expects next years results to grow at 7%-9% in dollars, much lower than NASSCOM expectations for the sector at 12%-14%.

Medaram Jathara

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