Infosys to declare Q4 result after TCS, in a break from tradition
Advertisement
Advertisement
Instead, it will be India's largest software services firm
Traditionally, Infosys was the first large-cap company to announce its results in the second week of April, July, October and January, kicking off the quarterly earnings season with its set of numbers that were announced.
Traditionally, Infosys was the first large-cap company to announce its results in the second week of April, July, October and January, kicking off the quarterly earnings season with its set of numbers that were announced.
Advertisement
"A meeting of the Board of Directors of the company will be held on April 24, 2015, inter alia, to consider the audited financial results for the quarter and year ending March 31, 2015," the country's second largest software services firm said in a filing to the BSE.
The date for
TCS has already said it expects revenues in January-March 2015 quarter to be in line with trends in the same period last year even as currency continues to remain volatile.
Advertisement
However, its smaller rival, HCL Technologies expects its dollar revenues for the March quarter to see an "adverse impact" of 2.8 per cent on strengthening of the greenback against global rivals.
TCS had registered a year-on-year growth of 31.2 per cent in revenues (at Rs 21,551 crore), while HCL Technologies posted 29.8 per cent rise in revenues to Rs 8,349 crore in the January-March 2014 quarter.
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh