Besides profitability, the lower margin guidance for FY19 and the relatively soft revenue forecast did not go down well with investors on Friday. In constant currency terms, Infosys managed a 5.8% growth, which was lower than industry body Nasscom’s estimate of 7.8% growth last year. Infosys had reported a 7.4% dollar revenue growth (8.3% in constant currency terms) and a 24.7% operating margin in 2016-17. In 2018-19, Infosys expects to grow 6-8% in constant currency terms and expects a 7-9% dollar revenue growth at an operating margin of 22-24%. “In Q4, we had strong revenue growth.

Source: Mint April 13, 2018 11:25 UTC