Infosys, India’s second-largest IT providers agency, on Thursday reported a 11.7 per cent year-on-year drop in consolidated internet revenue for the March quarter, which stood at Rs 7,033 crore.Within the corresponding interval final yr, the corporate had posted a revenue of Rs 7,969 crore.
Regardless of the decline in quarterly revenue, Infosys surpassed its full-year income steerage. The corporate had earlier revised its FY25 income development outlook to 4.5-5 per cent, up from the earlier vary of three.75-4.50 per cent, as per PTI report.
Income for the quarter rose 7.9 per cent to Rs 40,925 crore, in comparison with Rs 37,923 crore in the identical interval a yr in the past.
Sequentially, internet revenue rose by 3.3 per cent, at the same time as income dipped by 2 per cent.
For the total monetary yr FY25, Infosys reported a marginal revenue development of 1.8 per cent to Rs 26,713 crore. Annual income elevated by 6.06 per cent, reaching Rs 1,62,990 crore.
“Now we have constructed a resilient organisation with sharp concentrate on client-centricity and responsiveness to the market, because of the belief of our shoppers and dedication of our workers,” Infosys CEO and MD Salil Parekh mentioned.
“Our efficiency for the yr has been sturdy by way of revenues, growth in working margins and highest-ever free money technology. Our depth in AI, cloud and digital and power in cost-efficiency, automation, and consolidation place us nicely for the wants of our shoppers,” Parekh mentioned.
Infosys has projected a income development of 0-3 per cent in fixed forex phrases for FY26.
The corporate reported a money circulate of USD 4.1 billion for FY25 — the best ever in its historical past, in response to CFO Jayesh Sanghrajka.
The entire workforce on the finish of the fiscal stood at 323,578. The board has proposed a closing dividend of Rs 22 per share. Together with the interim dividend, this displays a 13.2 per cent enhance over the earlier yr.
Infosys shares closed 0.51 per cent increased at Rs 1,420.20 apiece on the BSE on Thursday. The This fall outcomes had been introduced after market hours.
