IT large Infosys on Thursday reported a consolidated web revenue of Rs. 7,033 crore, seeing an 11.7 per cent decline for the March quarter.
FILE PHOTO: An staff walks previous a signage board within the Infosys campus on the Electronics Metropolis IT district in Bangalore, February 28, 2012. (REUTERS)
The corporate had posted a revenue of ₹7,969 crore in the identical quarter final 12 months, PTI reported.
Nevertheless, it has exceeded its steering for the total fiscal 12 months, after having raised it to 4.5-5 %, up from 3.75-4.50 %.
Revenues for the fourth quarter stood at ₹40,925 crore, 7.9 % greater than ₹37,923 crore on the identical time final 12 months. The corporate’s income additionally recorded a 3.3 % rise.
The IT large’s income noticed a marginal enhance of 1.8 % to ₹26,713 crore for the total monetary 12 months, in line with a regulatory submitting. Revenues climbed 6.06 % to achieve ₹1,62,990 crore.
What did Infosys say on the income and revenue report?
Infosys reacted to the income and income of the corporate, calling its efficiency ‘robust’. CEO Salil Parekh mentioned that the agency is well-positioned for the wants of its shoppers.
“We have built a resilient organisation with a sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and the dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins, and the highest-ever free cash generation. Our depth in AI, cloud, and digital, and strength in cost-efficiency, automation, and consolidation position us well for the needs of our clients,” PTI quoted Parekh as saying.
Infosys has guided for a income progress of 0-3 % in fixed foreign money phrases for FY26.
As per the submitting, the corporate’s money circulation for 2024-25 was $4.1 billion. Firm CFO Jayesh Sanghrajka mentioned the quantity was the very best ever within the firm’s historical past.
Infosys’s worker depend on the finish of FY25 was 323,578.
The Infosys board has proposed a closing dividend of ₹22, which, together with the interim dividend, is a rise of 13.2 % over final 12 months.
Shares of Infosys settled at ₹1,420.20 apiece on the BSE on Thursday, 0.51 % greater than the earlier shut. Infosys’ outcomes have been declared after market closing hours.