Thursday, 13 April 2017

Infosys Q4 Results: Top 10 Key Takeaways From March Quarter

Infosys reported results for the quarter ended March 2017 on Thursday, which was largely in line with Street expectations, but soft guidance for FY18 is likely to weigh on the stock in the near-term.

The stock slipped marginally, but was holding above its crucial support level of Rs 900. The stock was down 1.4 percent to Rs 957 in opening trade.

We have collated a list of top six takeaways from Infosys Q4 results. Infosys missed on dollar revenue guidance as it expects its FY18 constant currency dollar revenue growth at 6.5-8.5 percent, which was lower than analysts' forecast of 7-9 percent.

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