Infosys’ 12-Month Deal Value Is At Its Highest Ever

Infosys Ltd.’s deal for trailing 12-months ended September is $4.9 billion—the highest ever for India’s second-largest IT services provider.

This is also the first time the company’s total contract for fresh deals won crossed $4.2 billion since September 2016. Infosys won large new deals worth $2 billion in the recently concluded September quarter, according to its filings.

The large deal wins will have an impact on revenue for the next several quarters, Chief Executive Officer and Managing Director Salil Parekh had said in an earnings press conference.