It Company News

Infosys announces ₹9,200 crore share buyback; Q4 profit at ₹5,078 crore

Infosys announces ₹9,200 crore share buyback; Q4 profit at ₹5,078 crore

Infosys, India’s second largest Information Technology company, reported a 17.1% year-on-year rise in net profit at ₹5,078 crore (before minority interest) for the quarter ended in March on Wednesday. It posted ₹4,321 crore net profit in the same quarter last year. Gross profit for the quarter stood at ₹9,147 crore.

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