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Prabhudas Lilladher Report
Infosys Ltd.’s FY21 annual report titled ‘Cloud Chaos to Clarity’ showcases how aggressive cloud adoption globally has opened many new avenues.
The firm believes that its dynamic cobalt companies will ship accelerated cloud transformation at scale and way forward for cloud technique may be formed by three key components – enterprise agility, scaled innovation and safety of ecosystem.
We are impressed with the sturdy decide up in product and platform revenues at 23% YoY progress in FY21 led by decide up in McCamish, EdgeVerve, and Stater (accounts to 91% of product and platform revenues).
Also analysis and growth spends at Rs 9.5 billion (0.9% of gross sales), have remained secure.
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