New Delhi, April 17 (PTI) India’s second largest IT company Infosys declined by 11.7 percent in consolidated net profit on Thursday. 7,033 crore for march quarters.
It posted an advantage (responsible for the owners of the company) 7,969 crore in year-old period.
The company has crossed its guidance for the entire financial year. Infosys had increased the revenue guidance of the financial year of 2024–25 by 4.5–5 percent, which was 3.75–4.50 percent.
Revenue for quarter under review 40,925 crore, more than 7.9 percent 37,923 crore in Q4 FY24.
Serially, the company’s profits increased by 3.3 percent, but the revenue declined by 2 percent.
For full FY25, a marginal increase of 1.8 percent in profits was observed 26,713 crore, according to a regulatory filing.
6.06 percent climbed to reach revenue 1,62,990 crores.
Salil Parekh, CEO and MD of Infosys, said, “We have formed a flexible organization with focus on client-focus and accountability for the market, thanks to our customers’s trust and dedication of our employees,” said Salil Parekh, CEO and MD of Infosys.
Parekh said, “Our performance for the year has been strong in the context of revenue, expansion in operational margins and the highest cash generation. Our depth, cost-defense, automation, and power in AI, Cloud and Digital, power in consolidation, our customers ‘needs for our customers’ well,” said Parakh.
Infosys has directed for a revenue increase of 0-3 percent in continuous currency conditions for FY 26.
According to the filing, the company’s cash flow for 2024–25 was US $ 4.1 billion. The company CFO Jayesh Sanghjka said that this amount was the highest in the history of the company.
At the end of FY25, Infosys employee was counted 323,578.
Infosys Board has proposed final dividend 22, which is an increase of 13.2 percent compared to the previous year, with an interim dividend.
Settled on Infosys shares On Thursday, 1,420.20 episi on BSE is 0.51 percent more than the previous closes. Infosys results were declared after market closing hours.