A 17.5% increase in its net profit has been posted by Infosys, stating its net profit now to be ₹5,076 crores for the fourth quarter, with the revenue also growing 13.1% to ₹26,311 crores. For the entire year, Infosys' revenues grew 10.7% to ₹1,00,472 crore for the first time in its history.

 

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Salil Parekh, CEO, and MD stated about having crossed a milestone of ₹100,000 crores in revenue in FY21. Having an intense focus on client relevance, growing the digital portfolio with differentiated capabilities like Infosys Cobalt, and empowering the employees have helped them rise as a preferred partner of choice for global clients. He furthermore said that their record-large deal wins bear testimony to the effectiveness of the approach.

Parekh added that a strong momentum exiting FY21, alongside a focused strategy to accelerate client digital journeys, gives them confidence for a stronger FY22. Infosys’ revenue for the full year grew 10.7% to ₹1,00,472 crore and the company gave a revenue growth guidance of 12% -14% in constant currency while the operating margin guidance was 22-24%.

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