Infosys’ signage is displayed at the entrance to a building at the company’s campus in Bangalore, India. (Photographer: Vivek Prakash/Bloomberg)

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

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

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

This is also the first time the company’s total contract value 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.

Also read: In Charts: How India’s Two Largest IT Companies Fared In Second Quarter