Infosys to declare Q4 results on April 20

Infosys will announce its fourth-quarter results on April 20, according to a notification to the stock exchanges.

The IT major is typically first off the block when it comes to the announcement of quarter results, but because of the unusual circumstances arising out of the coronavirus pandemic, it decided to postpone the declaration of the results by a week.

According to analysts tracking Infosys, the company may see short-term impact of Covid-19 outbreak, but it has the ability to efficiently manage from remote systems to ensure timely delivery of the outsourced business. “The Covid impact has been seen majorly on consulting business while the outsourcing business still remains robust.