Mumbai, 17 April (IANS). The country’s veteran IT company Infosys said on Thursday that the company’s consolidated profit has fallen by 11.7 percent to Rs 7,033 crore on an annual basis, which was Rs 7,969 crore in the same quarter last year.
However, the company’s income has increased by 8 percent to Rs 40,925 crore on an annual basis, which was Rs 37,923 crore in the same period a year ago.
The company’s operating margin was 21 percent in the January-March period, which is more than 20.1 percent of the same period of figure last year. However, this is less than 21.3 percent of the margin of the previous quarter.
Infosys has also announced a final dividend of Rs 22 per equity share for FY 2025. A record date for dividend payment and annual general meeting (AGM) has been set on 30 May. Dividend will be paid on 30 June.
The company said in the exchange filing, “A record date for payment of AGM and final dividend has been fixed on May 30. The dividend will be paid on 30 June.”
Infosys CEO and MD Salil Parekh said that the company has formed a strong organization. This performance was attributed to the confidence of the client and the surrender of the employees.
He said that AI, cloud and digital solutions as well as the strengthening of Infosys in cost efficiency and automation, keeps it in good condition for future clients needs.
The company has placed the revenue growth guidance of FY 26 between 0 to 3 percent (Constant Currency).
Experts said, “The decline in profits in the fourth quarter indicated that challenges for the IT sector remains due to global economic uncertainties and the impact of American tariffs.”
Infosys’s stock closed at Rs 1,428 at Rs 1,428 on Thursday. Since the beginning of 2025, Infosys shares have fallen by 25 percent.
-IANS
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