Published On: Thu, Apr 15th, 2021

Infosys Q4 FY2021 results : Indian IT giant registers $697m net profit

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Infosys Q4 FY2021 results : Indian IT giant Infosys has reported a net profit of $697 million (INR50.78 billion) for the fourth quarter of the fiscal year 2021 (Q4 FY2021) that ended 31 March 2021, compared to $592 million (INR43.35 billion) reported in Q4 FY2020.

In the third quarter of FY2021, the company made $705 million in net profit.

For FY 2020-21 that ended 31 March 2021, Infosys registered net profit of $2.62 billion (INR194.23 billion) compared to $2.33 billion (INR166.3 billion) made in FY 2019-20.

Infosys’ revenues for Q4 FY2021 were $3.61 billion, an increase of 13% compared to $3.19 billion in the same quarter of the previous fiscal year. For FY 2020-21, the revenues of the Indian IT services company were $13.56 billion, up by 6.1% compared to $12.78 billion.

Infosys Q4 FY2021 results : Indian IT giant registers $697m net profit

Infosys Q4 FY2021 results : Indian IT giant registers $697m net profit. Photo courtesy of Infosys Limited.

Commenting on Infosys Q4 FY2021 results and the fiscal year 2021 results, – CEO and MD of Infosys, said: “I am very pleased with our performance this year and incredibly proud of our employees for the passion and commitment they displayed despite a very tough environment.

“We have crossed a milestone of INR100,000 crore in revenue in FY21. Our intense focus on client relevance, growing our digital portfolio with differentiated capabilities like Infosys , and empowering employees have helped us emerge as a preferred ‘partner-of-choice’ for our global clients. Our record large deal wins stand testimony to the effectiveness of this approach.

“A strong momentum exiting FY21, alongside a focused strategy to accelerate client digital journeys, gives us confidence for a stronger FY22.”

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