Infosys posts Rs. 5945 crores consolidated net profit in Q1 FY2024

Infosys Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 38494 crores during the period ended June 30, 2023 as compared to Rs. 38112 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5945 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 6128 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 14.35 for the period ended June 30, 2023 as compared to Rs. 14.77 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹38494 crs	₹38112 crs	1.00%
Net Profit	₹5945 crs	₹6128 crs	-2.99%
EPS	₹14.35	₹14.77	-2.84%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.38494 crores during the period ended June 30, 2023 as compared to Rs.35146 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5945 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.5360 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.14.35 for the period ended June 30, 2023 as compared to Rs.12.76 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹38494 crs	₹35146 crs	9.53%
Net Profit	₹5945 crs	₹5360 crs	10.91%
EPS	₹14.35	₹12.76	12.46%

Shares of Infosys Limited was last trading in BSE at Rs. 1448.85 as compared to the previous close of Rs. 1474.35. The total number of shares traded during the day was 223260 in over 11682 trades.

The stock hit an intraday high of Rs. 1474.00 and intraday low of 1440.85. The net turnover during the day was Rs. 323767571.00.

Source : Equity Bulls

Keywords

Infosys Q1FY24 ResultUpdate INFY