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Infosys Ltd Q1 FY24; 11% rise in Profits

Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS.

Financial Results:

  • Infosys Ltd reported Revenues for Q1FY24 of ₹37,933.00 Crores up from ₹34,470.00 Crore year on year, a rise of 10.05%.
  • Total Expenses for Q1FY24 of ₹30,132.00 Crores up from ₹27,612.00 Crores year on year, a rise of 9.13%.
  • Consolidated Net Profit of ₹5,945.00 Crores up 10.87% from ₹5,362.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.32, up 12.40% from ₹12.74 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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