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- Infosys Q2 Results 2024 Update; Share Price | Revenue, Net Profit And Dividend
Mumbai20 minutes ago
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India's second largest IT company Infosys has made a profit of Rs 6,506 crore in the second quarter of the financial year 2024-25. There has been an increase of 4.7% on annual basis. The company had made a consolidated net profit of Rs 6,212 crore in the same quarter a year ago.
The company generated revenue of Rs 40,986 crore in the July-September quarter. There has been an increase of 5.1% on annual basis. A year ago i.e. in Q2 FY23-24, the tech company had generated a revenue of Rs 38,994 crore. The money received from selling goods and services is revenue.
Infosys will give dividend of Rs 21 per share
The board of Infosys has also approved an interim dividend of Rs 21 per share to the shareholders. Companies give some part of the profits to their shareholders, it is called dividend.
Infosys profit rises 5% in Q2FY25
on an annual basis
| Infosys | FY25 (July-September) | FY24 (July-September) | Change (%) |
| operational revenue | ₹40986 | ₹38994 | 5.10% |
| other income | ₹712 | ₹632 | 12.66% |
| total income | ₹41698 | ₹39626 | 5.22% |
| total expense | ₹32445 | ₹30858 | 5.14% |
| net profit | ₹6506 | ₹6212 | 4.73% |
Note – Figures in crores of rupees…
Profit increased by 2.2% on quarterly basis
Whereas, in the last quarter (Q1FY-25) the company had generated a revenue of Rs 39,315 crore. During this period the company had made a net profit of Rs 6,368 crore. On a quarterly basis, revenue has increased by 4.2% and profit by 2.2%.
Infosys' total income increased by 4% on quarterly basis.
| Infosys | FY25 (July-September) | FY25 (April-June) | Change (%) |
| operational revenue | ₹40986 | ₹39315 | 4.25% |
| other income | ₹712 | ₹838 | -15.03% |
| total income | ₹41698 | ₹40153 | 3.85% |
| total expense | ₹32445 | ₹31132 | 4.21% |
| net profit | ₹6506 | ₹6368 | 2.17% |
Note – Figures in crores of rupees…
Infosys shares rose 39.13% in 6 months
Infosys shares closed at Rs 1,974 today (Thursday, October 17) after a gain of 2.84%. The company's shares have risen 1.13% in the last one month. The stock has risen 39.13% in 6 months and 36.89% in one year. At the same time, this year i.e. from January 1 till now, the stock has gained 27.28%. The market cap of the company is Rs 8.16 lakh crore.
Infosys shares closed at Rs 1,974 today (Thursday, October 17) after a gain of 2.84%.
Nandan Nilekani started the company with Rs 21,000
Founded in 1981, Infosys is a NYSE listed global consulting and IT services company. The company was started with a capital of $250 (approximately Rs 21,000 as of today). Today its market cap is Rs 7.28 lakh crore.
The 40 year old company has more than 1800 customers in more than 56 countries. It has 13 subsidiary companies across the world. The founder of the company is Nandan M. Nilekani. The CEO and managing director is Salil Parekh. D Sundaram is the Lead Independent Director.
