India’s second largest IT services firm Infosys on Thursday recorded a decline of 11.7 percent in the net profit for the March quarter, which was Rs 7,033 crore.In the same period last year, the company posted a profit of Rs 7,969 crore.
Despite the decline in quarterly profit, Infosys crossed its entire year revenue guidance. According to the PTI report, the company had reduced its FY25 revenue growth approach to 4.5–5 percent before the previous limit of 3.75–4.50 percent.
A year ago, the revenue increased by 7.9 percent to Rs 40,925 crore for the quarter as compared to Rs 37,923 crore in the same period.
Serially, the net profit increased by 3.3 percent, even the revenue declined by 2 percent.
For full financial year FY25, Infosys reported a marginal profit increase of Rs 26,713 crore by 1.8 percent. The annual revenue increased by 6.06 percent, which reached Rs 1,62,990 crore.
Salil Parekh, CEO and MD of Infosys, said, “We have formed a flexible organization with focus on client-focus and accountability for the market, thanks to our customers’s trust and dedication of our employees,” said Salil Parekh, CEO and MD of Infosys.
Parekh said, “Our performance for the year has been strong in the context of revenue, expansion in operational margins and the highest cash generation. Our depth, cost-defense, automation, and power in AI, Cloud and Digital, power in consolidation, our customers ‘needs for our customers’ well,” said Parakh.
Infosys has estimated a revenue increase of 0-3 percent in continuous currency conditions for FY 26.
According to CFO Jayesh Sangharajka, the company reported a cash flow of USD 4.1 billion for FY 25 – which is the highest in its history.
The total workforce at the end of the fiscal was 323,578. The board has proposed a final dividend of Rs 22 per share. With the interim dividend, it reflects an increase of 13.2 percent compared to the previous year.
Infosys shares closed 0.51 percent higher at Rs 1,420.20 on BSE on Thursday. Q4 The results were announced after the market hours.
