PODCAST | Infosys Q4 review: What the numbers mean for the company
Information Technology giant Infosys announced its Q4 results on April 13. The results came out on expected line and point toward accelerate investments.
The disposal of recently-acquired Panaya and Skava shows that Chief Executive Officer (CEO) and Managing Director (MD) Salil Parekh is charting its own path with the blessings of the founders and is adopting a service led-growth model as opposed to his predecessor’s strategy of emphasising on products.
Investors will have to be content with single-digit earnings although the hefty pay out could limit downside for the stock.
Here’s a podcast on Infosys’s Q4 earnings and what it means for the industry.