Ekagrah Rohan Murty, the 17-month-old grandson of Infosys co-founder Narayana Murthy, is ready to obtain ₹3.3 crore from Infosys’ dividend announcement.
Infosys Co-Founder N R Narayana Murthy.(PTI)
Infosys, on Thursday, introduced a remaining ₹22 per share”>dividend of ₹22 per share. Ekagrah Rohan Murty, son of Rohan Murthy and Aparna Krishnan, holds 15 lakh shares of Infosys, representing a 0.04% stake.
These shares were gifted to him by Narayana Murthy when he was four months old. At the time, the shares were valued at over ₹240 crore. Ekagrah is one of India’s youngest billionaires.
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Besides Ekagrah, Narayana Murthy’s daughter, Akshata Murthy, who owns 3.89 lakh shares of the company (representing a 1.04% stake) as of the December 2024 quarter, will earn a ₹85.71 crore”>whopping ₹85.71 crore from the Infosys dividend announcement, in keeping with Mint.
Narayana Murthy himself is ready to earn ₹33.3 crore in dividends, whereas his spouse Sudha Murty will obtain ₹76 crore.
Infosys This autumn end result
IT large Infosys on Thursday reported a consolidated web revenue of Rs. 7,033 crore, a 11.7% decline for the March quarter.
It had posted a revenue (attributable to house owners of the corporate) of ₹7,969 crore within the year-ago interval. Nevertheless, it has exceeded its steerage for the total fiscal 12 months, after having raised it to 4.5-5 %, up from 3.75-4.50 %.
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Revenues for the fourth quarter stood at ₹40,925 crore, 7.9 per cent increased than ₹37,923 crore on the similar time final 12 months. The corporate’s income additionally recorded a 3.3 per cent rise.
The IT large’s income noticed a marginal improve of 1.8 per cent to ₹26,713 crore for the total monetary 12 months, in keeping with a regulatory submitting. Revenues climbed 6.06 per cent to achieve ₹1,62,990 crore.
Shares of Infosys settled at ₹1,420.20 apiece on the BSE on Thursday, 0.51 per cent increased than the earlier shut. Infosys outcomes have been declared after the market closing hours.