Infosys Q4 FY24 Results Live : profit rise by 30.04% YOY

Infosys declared their Q4 FY24 results on 18 Apr, 2024, with the topline increasing by 1.29% and the profit increasing by 30.04% YoY. However, compared to the previous quarter, the revenue declined by 2.31% while the profit increased by 30.51%.

The Selling, general & administrative expenses rose by 1.61% q-o-q and increased by 5.34% Y-o-Y.

The operating income was down by 4.27% q-o-q and decreased by 3.25% Y-o-Y.

The EPS for Q4 FY24 is ₹19.04, marking a 27.74% Y-o-Y increase.

Infosys has seen negative returns in the last week, last 6 months, and year-to-date, with -5.06%, -1%, and -8.01% respectively.

Currently, Infosys has a market cap of ₹587471.4 Cr with a 52-week high/low of ₹1733 & ₹1215.

Out of 40 analysts covering the company as of 20 Apr, 2024, 1 analyst has given a Strong Sell rating, 5 analysts have given a Sell rating, 9 analysts have given a Hold rating, 14 analysts have given a Buy rating, and 11 analysts have given a Strong Buy rating.

The consensus recommendation as of 20 Apr, 2024, was to Buy.

Additionally, the company has declared a final dividend of ₹20.0 with the ex-dividend date set for 31 May, 2024.