Infosys reports 12% revenue growth in Q4 2020

Infosys reports 12% revenue growth in Q4 2020

Indian information technology consulting company Infosys reported a revenue of US$3.6 billion and operating profit of US$923 million for the third quarter ended December 31, 2020. The company’s revenue and operating profit climbed 12.3% and 30.1% respectively.

Infosys said it delivered its highest Q3 sequential growth of 5.3 per cent in eight years in constant currency. The firm’s digital revenues grew by 31.3 per cent and overall digital revenue crossed more than half of total revenues.

The firm’s total number of employees also increased to 249,312 in December 2020 as compared with 240,208 in September 2020.

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