Welcome to our dedicated page for Infosys news (Ticker: INFY), a resource for investors and traders seeking the latest updates and insights on Infosys stock.
Infosys Limited reports recurring developments in AI-first business consulting, technology services, digital transformation and enterprise modernization. Company news commonly covers Infosys Topaz, its generative and agentic AI offering, Infosys Topaz Fabric for agentic services, and Infosys Cobalt for cloud services, solutions and platforms.
Updates also include strategic collaborations with technology, education, sports and enterprise customers; work for financial-services clients; software engineering and legacy modernization initiatives; digital fan-engagement platforms; brand and partnership announcements; and operating or financial results. Infosys serves clients through a global IT services model that includes consulting, cloud, AI, infrastructure, software delivery and business process outsourcing.
Infosys (NSE: INFY) will announce its first-quarter financial results for the period ending June 30, 2021, on July 14, 2021, at 3:45 p.m. IST. The results will be accessible on the company’s website. Following the announcement, a virtual press conference will be held at 4:30 p.m. IST, where management will address media questions. Additionally, an earnings call will take place at 6:00 p.m. IST for investors and analysts, discussing the company's performance. All events will be available for live streaming and archived on the Infosys website.
Hillenbrand has elected Inderpreet Sawhney, previously Group General Counsel at Infosys, to its Board of Directors, expanding the board from 10 to 11 members. Sawhney brings over 25 years of experience, enhancing the board's governance with expertise in legal, ethics, and compliance across a global landscape. She aims to contribute to Hillenbrand's transformation and growth strategy, focusing on innovation. Sawhney will serve on the Audit and Nominating/Corporate Governance Committees, aligning her expertise with Hillenbrand’s ongoing goals to boost shareholder value.
Infosys (NYSE: INFY) has partnered with Archrock to enhance digital technologies in field service operations. This collaboration aims to integrate Microsoft Dynamics 365 Field Service Application, improving operational efficiency and customer experiences. Archrock's initiative, part of a multi-year technology project, focuses on asset management and emissions reduction. Both companies emphasize leveraging digital tools to enhance service technicians' productivity and reduce vehicle mileage. The partnership underscores Infosys's expertise in the energy sector and commitment to delivering digital transformation.
Infosys (NYSE: INFY) and the French Tennis Federation have introduced new technologies to enhance the Roland-Garros experience for fans, players, and coaches. The innovations include AI, 3D solutions, and immersive tools aimed at bridging gaps created by the pandemic. Notable features are a 3D Virtual Art Museum, advanced AI tools for player training, and a revamped fan experience through the official app. The tournament runs from May 24 to June 13, 2021, highlighting Infosys' role as a Digital Innovation Partner, setting a standard for digital engagement in sports.
Infosys (NYSE: INFY) announced findings from its Cloud Radar 2021 study, revealing that companies can gain up to $414 billion in new profits annually through effective cloud adoption. The study emphasizes that achieving financial benefits requires at least 60% of systems to be in the cloud. Key drivers for profit growth include speed to market, enhanced capabilities, and new revenue sources. Despite significant progress, less than 20% of enterprises have crossed the 60% cloud threshold, with plans for an increase to over 40% by 2022.
Infosys (NYSE: INFY) has been selected by Britvic, a leading European soft drink company, as a strategic partner to enhance Britvic's digital transformation. This collaboration will focus on streamlining operations across Applications, Cloud Infrastructure, and Service Management, utilizing Infosys Cobalt to improve service delivery through automation and analytics. Senior Vice President Ambeshwar Nath emphasized the company’s commitment to driving innovation in the consumer goods sector. Britvic aims to leverage this partnership to achieve more agility and enhanced digital capabilities.
Infosys (NYSE: INFY) has partnered with bp to create an integrated Energy-as-a-Service (EaaS) solution aimed at enhancing energy management across campuses. The collaboration focuses on leveraging bp's energy expertise and Infosys' digital capabilities to optimize energy usage and reduce emissions. Following a pilot project at Infosys' Pune campus, the solution will be expanded to other locations. Infosys achieved carbon neutrality in 2020, aligning with bp's ambition for net zero by 2050, as both companies aim to revolutionize energy management through digital innovation.
Infosys reported a 12%-14% revenue growth guidance for FY22, alongside a strong FY21 performance. The company achieved a 5.0% CC growth and a record $14.1 billion in large deal TCV, with a 66% share from net new deals. Operating margins increased by 3.2% to 24.5%, and free cash flow soared by 38.5%. The Board announced a capital return of ₹15,600 crore ($2.08 billion), including a final dividend of ₹6,400 crore ($0.85 billion) and a buyback of ₹9,200 crore ($1.23 billion).
Infosys (NYSE: INFY) has announced a long-term strategic partnership with ArcelorMittal to enhance the steel company's digital transformation efforts in Europe. This collaboration aims to optimize ArcelorMittal's IT landscape and establish a Business Process Management (BPM) service within its shared services center. The partnership is expected to strengthen Infosys' presence in Europe and enable synergies across ArcelorMittal's global operations. Executives from both companies expressed optimism about the benefits this collaboration will bring in driving efficiency and operational excellence.
Infosys (NYSE: INFY) will announce its fourth quarter and annual results for the fiscal year ending March 31, 2021, on April 14, 2021, at 3:45 p.m. IST. Following the results announcement, a press conference will be held at 4:30 p.m. IST, streamed live on the company's Investor Relations website. An earnings call is scheduled for 6:00 p.m. IST, open to investors and analysts. Detailed dial-in information and registration for the call are provided in the press release. The results and further details will be archived on the Infosys website after the events.