Infosys Q4 Results: Infosys made bumper profits, made investors giddy, going to pay so much rupees per share
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Infosys’s income increased
The income of the company has also increased. It has increased by 16 percent to Rs 37,441 crore in the March quarter. However, on a quarterly basis, the company’s consolidated profit has been lower than the December 2022 quarter. The consolidated net profit of the country’s second largest IT company was Rs 6586 crore in the December 2022 quarter.
declaration of dividend
Along with announcing the results, Infosys has also announced dividend to the investors. Infosys’ board has declared a final dividend of Rs 17.50 per share for FY2023. The record date for the dividend has been fixed as June 2, 2023. The amount of dividend will be transferred to the account of eligible shareholders by July 3, 2023.
Decline in operating profit margin
Infosys’ operating profit margin declined by 0.5 per cent both quarterly and year-on-year. This time it has been 21 percent. At constant currency, the company’s revenue grew 8.8 per cent year-on-year in the December quarter and 15.4 per cent for the full fiscal. According to the company, the attrition rate has declined in the March quarter as compared to 24.3 per cent and 27.7 per cent in the December quarter. It has now become 20.9 percent.
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