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Infosys posted a 17.5 per cent rise in net profit to Rs 5,076 crore. Its revenue grew 13.1 per cent to Rs 26,311 crore in the March 2021 quarter. The Board has recommended a final dividend of Rs 15 per equity share. New Delhi (PTI): IT services major Infosys on Wednesday posted a 17.5 per cent rise in net profit to Rs 5,076 crore for the March quarter, and announced up to Rs 9,200 crore buyback offer at a maximum price of Rs 1,750 per share. The Bengaluru-based company s net profit (after minority interest) was Rs 4,321 crore in the January-March 2020 quarter. Its revenue grew 13.1 per cent to Rs 26,311 crore in the March 2021 quarter from Rs 23,267 crore in the year-ago period, Infosys said in a regulatory filing. ....
Updated Apr 14, 2021 | 17:42 IST Infosys reported a 2.3% decline in Q4 net profit at Rs 5,076 crore as compared to the previous quarter in the same fiscal. The figure stood Rs 4,321 crore in the same period last fiscal. Infosys MD & CEO Salil Parekh | Photo Credit: PTI Infosys on Wednesday reported a quarterly decline of 2.3% in its fourth-quarter consolidated net profit at Rs 5,076 crore owing to weak margins. Net profit in the third quarter of FY21 was reported at Rs 5,197 crore. It was reported at Rs 4,321 crore in the same quarter previous fiscal. Consolidated revenue from operations during Q4 ended March 31, 2021, was reported at Rs 26,311 crore, up 1.5% sequentially and 13.08 higher than the same period last fiscal. ....