Infosys has been assigned A3 local-currency senior unsecured credit rating with a Stable Outlook by Moody’s Investor Service (Moody’s), the well-known global rating agency.
Moody’s stated that its rating is based on company’s status as one of the world’s leading information technology (IT) consulting and services companies, with diversified operations across multiple business segments and geographies, industry-leading profitability and a solid balance sheet. The stable outlook on the company’s ratings takes into account solid liquidity, a debt-free balance sheet, strong operating metrics, a robust business model and Moody’s expectation that its competitive strength will be retained.
Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.