Tag: M&A

Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

 stock analyst  04/19/2024  0 Comments on Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

Profit climbed to ₹7,969 crore in the March quarter, beating ET\’s poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India\’s technology bellwether.