How Infosys excels at currency management

With more than 98% of revenue coming from outside India, Infosys's treasury manages a lot of foreign exchange risk. CFO V Balakrishnan explains how.

How Infosys excels at currency management
V Balakrishnan

Global business processing outsourcing and consulting giant Infosys has a unique treasury. While the majority of its staff and operations are in India, the opposite is true on the revenue side -- 98% comes from other countries, most notably North America which contributed nearly 66% of total revenue for the year ending March 31. With so much money coming from abroad, the treasury at Infosys is understandably attuned to foreign exchange risk and hedging its currency positions.

V Balakrishnan,...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES