Infosys announces results for the Quarter and Year ended March 31, 2018.
Revenues from Digital offerings at $ 2.79 billion (25.5% of total revenues) for FY 18 which grew at 3.6% sequentially in Q4 in constant currency terms.
Entered into a definitive agreement to acquire WongDoody Holding Company, Inc., a US-based digital creative and consumer insights agency.
FY 18 revenues grew by 7.2% in USD terms, 5.8% in constant currency terms, with operating margins at 24.3%.
Highlights of financial results for the quarter and year ended March 31, 2018
- Q4 revenues grew year-on-year by 9.2% in USD terms; 6.4% in constant currency terms
- Q4 revenues grew sequentially by 1.8% in USD terms; 0.6 % in constant currency terms
- Q4 operating margin improved to 24.7% from 24.3% in Q3 18
- Q4 Basic EPS at $0.26; year-on-year growth of 10.8%
- FY 18 Basic EPS at $1.10; year-on-year growth of 17.8%
- FY 18 Basic EPS of $1.10 includes positive impact of $0.09 from Advance Pricing Agreement (APA) with the US IRS concluded earlier in the year
- Board recommended a final dividend of `20.50 per share ($0.31 per ADS*) and a special dividend of `10 per share ($0.15 per ADS*)
- FY 19 revenue guidance in constant currency at 6%-8%; FY 19 operating margin range at 22%- 24%
To view the original press release with associated tables, please click here.
