For 2018-19, profit declined 11.5 per cent to USD 2.2 billion, while revenues grew 7.9 per cent to USD 11.7 billion. Infosys Q2 preview: Dollar revenue growth seen around 4% on large deals, recovery in BFSI 15.07.2020 Infosys Q1 profit at Rs 4,233 crore, FY21 constant currency revenue growth seen at 0-2% As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business," Infosys CEO and Managing Director Salil Parekh said. Check education expertsâ take, other latest updates, ICAI CA January 2021 admit card released on icaiexam.icai.org ; minors asked to give undertaking to appear in the examâcheck details, 7th Pay Commission latest news: Huge relief for these employees; Modi Govt extends this compensation, ICICI Bank vs HDFC Bank: Getting Into compounding band says Jefferies. Unless you have adjusted your browser setting so that it will refuse cookies, our system will check if cookies can be captured when you direct your browser to our sites. Infosys gives 95% variable pay in Q3. Check Business Breaking News Live on Zee Business Twitter and Facebook. Infosys Q4 results: Key figures in a nutshell The total revenues were of the firm came in at Rs 21,539 crore, implying a growth of 19.1% YoY and 0.6% QoQ. Get lowest interest rate - Union Bank of India vs Punjab National Bank vs SBI vs Bank of Baroda vs HDFC Bank, KGF Chapter 2 Teaser: World record, YouTube views count, review, reactions, Twitter trend, WhatsApp status search - LIVE Updates, SBI Home Loan: State Bank of India announces huge bonanza for homebuyers! TNN | Jan 15, 2018, 09:14AM IST. Tata Consultancy Services (TCS) Gives 120% Variable Pay To Employees TCS posted its biggest-ever net profit of Rs 6,904 crore in Q4, beating analysts' average … Net profit rose 13.72% sequentially to Rs 4,858 crore in the quarter ended September, according to its exchange filing. Infosys also said average salary hikes for employees would be in mid-high single digits. This allows our sites to recognize your device from those of other users on our sites. Average variable pay you can expect is 50–60%. Please note that if your browser setting is already setup to block all cookies (including strictly necessary Cookies) you may not be able to access or use all or parts or functionalities of our sites. We also use cookies to administer our sites and for research purposes, zeenews.india.com also has contracted with third-party service providers to track and analyse statistical usage and volume information from our site users. New Delhi: IT firm Infosys has announced to roll out 100% variable pay in July-September quarter along with a one-time special incentive to ⦠This includes recording your acceptance of our cookie policy to remove the cookie message which first appears when you visit our site. Salaries posted anonymously by Infosys employees. In any event, such information will be kept in our database until we get explicit consent from you to remove all the stored cookies. ... Company created a special bonus pool of $10 million that will be paid to employees in addition to their variable pay. The company is headquartered in Bangalore, Karnataka, India . The reduction in variable pay helped Infosys add 120 basis points to its operating margin during the March quarter. Gross addition of employees was about 14,200 in Q4 and over 70,000 for FY2019. For the fiscal year 2019, Infosys retained its revenue guidance in constant currency at 6% to 8% and operating margin guidance was retained at 22% to 24%. Standalone and consolidated results and Regulation 33 auditors reports, April 12, 2019 4:30 p.m. (IST)
For more information on the development of user-profiles and the use of targeting/advertising Cookies, please see www.youronlinechoices.eu if you are located in Europe or www.aboutads.info/choices if in the United States. Read more about Infosys to grow 9% in FY 2019; net dips in Q4 on Business Standard. These cookie are essential to our site in order to enable you to move around it and to use its features. Without these essential cookies we may not be able to provide certain services or features and our site will not perform as smoothly for you as we would like. For the full year, Infosys' average variable payout, however, rose from 64 ⦠These cookies are used by us or by our third-party service providers to analyse how the sites are used and how they are performing. Infosys Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter, and guided towards 7.5-9.5 per cent growth in revenue for 2019-20. 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