Infosys profit dips 12% in Q4; revenue up ₹40,925 cr

India's second-largest IT company Infosys on Thursday reported an 11.7% decline in consolidated net profit to ₹7,033 crore for the March quarter.

- Press Trust of India

NEW DELHI:

It had posted a profit (attributable to owners of the company) of ₹7,969 crore in the year-ago period.

The company has exceeded its guidance for the full fiscal year. Infosys had raised the 2024-25 fiscal year revenue guidance to 4.5-5%, up from 3.75-4.50%.

Revenues for the quarter under review came in at ₹40,925 crore, 7.9% higher from ₹37,923 crore in Q4 FY24.

Sequentially, the company's profits rose 3.3%, but revenues declined 2%.