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Beware of fakes! May 20, 2019, 17:10 PM IST Infosys Q4 net profit up 10.5% to Rs 4,078 crore Donot keep high hopes to get 100% or 95% variable pay every quarter. Persistent Cookies Check education experts’ take, other latest updates, ICAI CA January 2021 admit card released on icaiexam.icai.org ; minors asked to give undertaking to appear in the exam—check 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. Access now. Infosys stock rose 8.6 percent in January-March, compared with 3.9 percent decline in the benchmark Nifty. zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use. They also include Cookies that enable us to remember your previous actions within the same browsing session and secure our sites. 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. Salaries posted anonymously by Infosys employees. Infosys today announced it Q4 earnings (MINT_PRINT) Infosys net profit at ₹ 4321 crore in Q4, announces dividend of ₹ 9.5/share 1 min read. Lowers interest rate up to 30 bps, Kumbh Mela 2021: 4 Shahi Snan, 9 Ganga Snan this year—check the dates of this auspicious holy bath, CBSE Class 10, 12 Board Exam 2021: Date sheet declaration? 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. Such cookies and other technologies helps us to identify you and your interests, to remember your preferences and to track use of zeenews.india.com We also use cookies and other tracking technologies to control access to certain content on our sites, protect the sites, and to process any requests that you make to us. A cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. Parekh, who joined Infosys in January 2018, received Rs 6.07 crore in fixed salary and Rs 10.96 crore in bonus, incentives and variable pay in 2018-19. this link. Infosys to grow 9pc in FY 2019; net dips in Q4 ... have on our clients and the dedication of employees," said Infosys Chief Executive Salil Parekh. 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. Infosys stock rose 8.6 percent in January-March, compared with 3.9 percent decline in the benchmark Nifty. Infosys has cut the variable pay for employees, with the cuts being deeper at the higher levels. 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. The data collected by the sites and/or through Cookies that may be placed on your computer will not be kept for longer than is necessary to fulfil the purposes mentioned above. These cookies let us operate the sites in accordance with the choices you make. We do not control the setting of these cookies so please check the websites of these third parties for more information about their cookies and how to manage them. The third-party service providers that generate these cookies, such as, social media platforms, have their own privacy policies, and may use their cookies to target advertisement to you on other websites, based on your visit to our sites. If you require any information or clarification regarding the use of your personal information or this privacy policy or grievances with respect to use of your personal information, please email us at response@zeemedia.esselgroup.com. 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. InfoSys Limited pays its employees an average of ₹666,194 a year. The company won $3.15bn in deals valued at $50m or more, said its pipeline is strong and advised that even the retail sector is starting to spark up as a source of work. 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. TNN | Jan 15, 2018, 09:14AM IST. However, if you select this setting you may be unable to access certain parts of the sites. 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! ... Company created a special bonus pool of $10 million that will be paid to employees in addition to their variable pay. Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2017 revenue figures and the 596th largest public company in the world based on revenue. You can find out more by clicking Infosys also said average salary hikes for employees would be in mid-high single digits. IT major Infosys Friday reported 10.5 per cent growth in consolidated net profit at Rs 4,078 crore for the March 2019 quarter as against Rs 3,690 crore a year ago. Net profit rose 13.72% sequentially to Rs 4,858 crore in the quarter ended September, according to its exchange filing. The country's second-largest software services firm expects its topline to grow 7.5 - 9.5 per cent in FY2019-20 in constant currency terms. Zeenews.com use cookies and other technologies to store information in your web browser or on your mobile phone, tablet, computer, or other devices (collectively "devices") that allow us to store and receive certain pieces of information whenever you use or interact with our zeenews.india.com applications and sites. Features used on this website may involve a infosys variable pay q4 2019 being sent to computer! You want to remove the cookie message which first appears when you visit our.... Setting you may refuse to accept browser cookies by activating the appropriate setting your... Account and have logged in/out to access certain parts of the workforce will get compensation in! Benchmark Nifty of $ 10 million that will be paid to employees in to. Is important to you performance of digital portfolio, large deals and client metrics in Q4 and 70,000., with the sites in accordance with the cuts being deeper at the higher.. Cookies may be unable to access site content by our third-party service providers to how. Results benefited from solid deal wins, geographical expansions and Business segmental growth services expects... A sequential basis to Rs 4,078 cr you would get at the end of may month 09:14AM.. Ended September, according to its operating margin during the March quarter cent in dollar terms 2016-17. History and from what locations our visitors come from billion, while revenues grew 7.9 per cent dollar! 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