Infosys Q4 Results: Infosys made bumper profits, made investors giddy, going to pay so much rupees per share

Infosys Q4 Results: Infosys made bumper profits, made investors giddy, going to pay so much rupees per share

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New Delhi:IT sector giant Infosys has released its March 2023 quarter results today i.e. on 13 April 2023. The company has made bumper profits. Along with earning profit, the company has also given good news to the investors. The company has declared dividend for the investors. Infosys will pay a dividend of Rs 17.50 per share to investors. In the results released by Infosys for the January-March quarter, the company’s net profit increased by 8 percent to Rs 6128 crore. Talking about revenue, it has increased by 16 percent year-on-year to Rs 37,441 crore.

Tata Group’s IT company TCS results declared, profit of 11392 crores, dividend also announced for investors

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.

Investors are happy, this company is going to give 7200% dividend, so far it has given a strong return of 7207%

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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