Infosys beats expectations 4th time in a row

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Infosys is on a high after collecting net profits higher than were expected in the fourth quarter. It rose 3.8% from Rs.3.465 crore in October-December while the revenue was up 4.1%.

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An ecstatic Managing Director and CEO Vishal Sikka said, “Over the course of the year, we saw this strategy of bringing automation and innovation to our clients on a foundation of learning and education.”

Increased client relationship won rates in large deals and they started participating in projects they never did before. For the year ended March 31 2016, the company increased revenue by 17.1% that is Rs. 62,441 crore.

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