Infosys Share Price Zooms 3% On Positive Q4 Results

Infosys' share price soared 3 per cent during the early trading hours on  Monday after the IT giant reported a consolidated growth in profit in the January-March quarter. In the early hours, Ifosys shares bounced back after a muted beginning and rallied 2.95 per cent to Rs 1,462.20 on the BSE, while they climbed 3 per cent to Rs 1,462.70 at the NSE. At around 12:03 am, the scrip was trading at Rs 1,458.50 on NSE, surging 2.3% against the previous day's closing price of Rs 1,419.50. Meanwhile, the It stock hit an intraday high of Rs 1,462.70 per share.

Infosys Q4 Result

India's second-largest IT company, Infosys, has fallen by 7,033 crore for compensation to employees in March and its acquisition during the period. The company has posted a year of Rs 7,969 crore, long-standing profits (dedicated to company owners).

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Infosys CEO and MD Saleel Parekh said the company was running at 0-3 per cent income in sustainable currency in the current fiscal due to environmental uncertainty.

Earlier, the company was on the verge of deploying 20,000 freshers in this fiscal, according to Jaysh Sangeskar, a CFO. In the quarter under review, the income was Rs 40,925 crore and 7.9 per cent more and 37,923 crore in quarter. Control filings said the profits for the entire fiscal year increased by 1.8 per cent to Rs 26,713 crore.

Indian share market was closed on Friday for 'Good Friday'. 

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