The EBIT margin declined 110bps quarter-on-quarter (QoQ), due to the negative impact of utilisation, ramp up of large deal, S&M (sales and marketing) expenses and localisation and rupee appreciation.
from Latest News http://bit.ly/2GbxarA
Monday, 15 April 2019
Infosys falls 5% on EBIT margin miss in March quarter
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