Infosys Profit Jumps 30% To ₹7,969 Cr In Jan-Mar Quarter
The Free Press Journal|April 19, 2024
IT company Infosys on Thursday said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the March quarter. The company posted a profit of Rs 6,128 crore in the year-ago period, according to a regulatory filing.
Infosys Profit Jumps 30% To ₹7,969 Cr In Jan-Mar Quarter

The consolidated revenue of Infosys during the reported quarter increased 1.3 per cent to Rs 37,923 crore from Rs 37,441 crore in the same quarter a year ago.

The company expects a revenue growth of 1-3 per cent in constant currency for FY25 and operating margin of 20-22 per cent.

"Growth guidance for next year is higher than where we finished for this year. The difference is small. As we go into the industries, we see financial services to see a better outlook in the next year compared to the past year," Infosys MD and CEO Parekh said.

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