Liquidity Assessment of Infosys Limited

As per information given by the Infosys management, around 97.3% of its consolidated revenues had been generated from existing clients during the fiscal year 2018-19 (Refer to Table-II). Besides, Infosys had added another 345 new clients with the support of the existing subsidiaries, thereby increasing its client base to around 1,279 by the end of the fiscal year 2018-19...