The above graph represents the Infosys software services revenue by quarter, starting from fiscal Q1 2018 to the recently completed quarter. A whopping 94% of Infosys total revenue in FY Q3 2020 came from software services business. With 7.97% YoY growth, Infosys software services revenue reached an all-time high of $3,048 million during the third quarter of fiscal 2020.
|Source||Infosys Limited Quarterly Reports|
|Note||Infosys Fiscal Year: April 1st – March 31st|
The company derives a small 6% of its quarterly revenues from the sale of products and platforms.
Infosys quarterly revenue from software services crossed $3 billion mark for the first time in FY Q2 2020, ended September 30, 2019. The company reported $3,004 million in revenue from software services business, registering 8.33% YoY growth.
About Infosys Limited
Infosys Limited (NSE: INFY) is an Indian multinational IT company, headquartered in Bengaluru, India. The company provides business consulting, technology, outsourcing and next-generation digital services.
On July 7, 1981, Infosys was co-founded by seven engineers – N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan and Ashok Arora.
In February 1993, Infosys went for its initial public offerings (IPO) with an offer price of ₹95 per share and got listed on stock exchanges in India in June 1993. In 1999, Infosys became the first IT Company from India to be listed on NASDAQ. The company has its primary listings on the BSE Ltd. and National Stock Exchange of India Limited. The company’s American Depositary Shares (ADS) representing equity shares are listed on the New York Stock Exchange (NYSE).
Started from an initial capital of $250, Infosys has grown to become a $49.16 billion company in terms of market capitalization. It is also listed on Forbes Asia’s 200 Best Over A Billion 2019, with annual revenue of $11.8 billion.
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