May 2024 \ Business & Investment \ Business News
Rs 7,969 crore Q4 profit for Infosys

Bengaluru: IT software giant Infosys in May declared a 30 per cent jump in net profit to Rs 7,969 crore for the January-March quarter of 2023-24, up from Rs 6,128 crore in the same quarter of the previous year. The company reported revenues of Rs 37,923 crore in the fourth quarter ended March 31, according to a stock exchange filing. Infosys also declared a final dividend of Rs 20 per equity share and a one-time dividend of Rs 8 per share.

India’s second-largest IT services company also announced the acquisition of In-Tech Holding GmbH, an engineering, research and development services provider. Infosys share price went up 0.34 per cent in early May to settle at Rs 1,419.25, ahead of the fourth quarter results.

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