Infosys has a very big statue and the company also provides employment to many individuals. They hire employees from different parts of the country. They have a very big service network and because of that, they hire quite a handsome number of employees. The company made its first appearance in 1981, in Pune, and now it has its own headquarters situated in Bangalore. Infosys also became the fourth Indian company to have crossed $100 billion in market capitalization. The company has seen a massive rise since it’s inception and the prices of its shares are also increasing steadily.
Infosys Net worth
Infosys is a multinational company and so, its quite obvious that its wealth and other things are quite huge. But for the records, the total assets of Infosys is $15 billion and the total equity is $10 billion. It has a very high market capitalisation is well, just behind TCS. The net profit of Infosys is supposed to be around $2.6 billion. With such a huge number of employees and workers around the world, we can undoubtedly say that Infosys is a huge company.
Last 5 Years PE Ratio
Inception
We all know how big a company Infosys is and what stature or status it has in the international as well in Indian tech market. However it’s beginning wasn’t that easy and it has seen its ups and downs during the early days. Infosys was first introduced by a group of seven engineers in 1981. They started the company in Pune, Maharashtra, but later shifted to Karnataka, Bangalore. They initially named the company, Infosys Consultants Pvt Ltd. The name of the company has been changed quite some time. In 1992, when the company became a public listed company, its name was changed to Infosys Technologies Limited. Though the name was changed to Infosys Limited in 2011. The company after becoming a public listed company introduced an initial public offering (IPO) in 1993. However things haven’t gone as smooth as they would have wished for. The shares were undersubscribed, although it was bailed out by US Investment bank Morgan Stanley. By the end of 90s the company became quite big. Its shares was listed in Nasdaq, which made Infosys the only Indian company to have listed in Nasdaq. The price of its shares were growing at an unbelievable rate. By the end of 1999, the company reached the annual revenue of $100 million.
Infosys Revenue 2022
Infosys revenue for the quarter ending December 31, 2021 was $4.250 Billion Infosys revenue for the twelve months ending December 31, 2021 was $15.642 Billion Infosys annual revenue for 2022 was $16.311 Billion Infosys annual revenue for 2021 was $13.561 Billion Infosys annual revenue for 2020 was $12.78 Billion
Infosys Total Assets
Infosys total assets for the quarter ending December 31, 2021 were $14.673 Billion Infosys total assets for 2021 were $14.825 Billion Infosys total assets for 2020 were $12.26 Billion Infosys total assets for 2019 were $12.252 Billion
Evolution
The first 20 years of the company gone in making, but after that, the company kept growing at an unbelievable rate. Its shares seen a massive spike and they were also listed in some of the biggest stock markets. The company reached an annual revenue of $1 billion by the end of 2004 and by the end of 2017, it reached $10 billion in annual revenue. The company was praised by everyone from the world. In 2010, the then British Prime minister, David Cameron visited India. He went to the headquarters of Infosys and also talked with the employees and heads. It was a massive boost for everyone. Infosys has a total of 82 sales and marketing offices all around the world. It also has a total of 123 development centres around the world. It has a massive presence in India, United States, China, and at some other places. Infosys also has a huge amount of employees from all around the world. It hires people of different nationalities is well. A total of 259,619 employees are present in Infosys out of which 38.9% employees are woman’s.
Infosys Net Income
Infosys net income for the quarter ending December 31, 2021 was $0.774 Billion Infosys net income for the twelve months ending December 31, 2021 was $2.908 Billion Infosys annual net income for 2022 was $2.963 Billion Infosys annual net income for 2021 was $2.613 Billion Infosys annual net income for 2020 was $2.331 Billion
Awards & Achievements
For a company as big as Infosys, awards and achievements are nothing. Infosys has received numerous milestones over the course of time. However, a company as big as Infosys can’t be worked without professional employees and a CEO. Infosys has bagged a total of 3 awards at the DevOps Industry Awards. It has so won a few awards at the Asset Triple A Asian Awards 2019.
Conclusion
In the conclusion, we can say that Infosys is a very successful and acknowledged company that has its roots all around the world. Since its inception in 1981, the company has never looked. From Narayan Murthy to Salil S. Parekh, everyone has contributed for the company a lot. Infosys gives employment to many thousands of individuals. For a company as big as this, the number of employees needed is quite high. The company is still growing significantly and challenging TATA Consultancy Services (TCS) as India’s biggest IT company. Recommended
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