Infosys Q4 Results HIGHLIGHTS: Consolidated PAT soars 30.5% sequentially, beats Street estimates; board declares Rs 28/share dividend

Infosys Q4 Results LIVE Update: What market wizard Anil Singhvi says

Zee Business Managing Editor Anil Singhvi points out that the IT major has reported a weak set of earnings. 

The market wizard sees support for Infosys futures coming in at Rs 1,355 and Rs 1,375 levels, and a higher level at Rs 1,445. 

A 3-5 per cent fall in Infosys shares will provide a good buying opportunity given the stock has already declined almost 12 per cent over the past few weeks, he points out.

Infosys News: Infy board approves acquisition of Germany-based engineering R&D services firm 'in-tech Holding GmbH'

Infosys announces a definitive agreement to acquire 'in-tech', an engineering R&D services provider focused on the German automotive industry. This strategic investment further strengthens Infosys’ engineering R&D capabilities and reaffirms its continued commitment to global clients to navigate their digital engineering journey, says Infosys. 

What does Germany's 'in-tech' do?

Germany-headquartered 'in-tech' is one of the fastest growing engineering R&D services providers that shapes digitisation in the automotive, rail transport and smart industry sectors. It develops solutions in e-mobility, connected and autonomous driving, electric vehicles (EVs), off-road vehicles and railroads.

Its offerings include system design, methodical consulting, advanced electronics platform development and validation of automotive specific software and hardware systems, infotainment, and experience validation.

Infosys Q4 Results LIVE Update: Board declares Rs 20/share final dividend, Rs 8/share special dividend—total dividend Rs 28/share

The IT firm recommended a final dividend of Rs 20 per equity share for the financial year 2023-24 as well as a special dividend of Rs 8 per equity share, amounting to a total dividend of Rs 28 per share for eligible shareholders.

Infosys Q4 Results LIVE Update: FY25 guidance falls short of analysts' expectations 

According to Zee Business research, Infosys was expected to give revenue growth guidance to the tune of 4-6 per cent for the current financial year in constant currency. 

Zee Business analysts pegged the company's FY25 guidance for EBIT margin at 21-22 per cent.

Infosys Q4 Results LIVE Update: Free cash flow at 11-quarter high driven by company's relentless focus to improve working capital cycle, says CFO

"Consistent with the objective of giving high and predictable returns to shareholders, the Board has approved the capital allocation policy under which the company expects to return 85 per cent over the next five years and progressively increase annual Dividend Per Share," says Jayesh Sanghrajka, CFO, Infosys. 

“Operating margin expansion in the medium-term and improving cash generation continue to remain our priorities underpinned by early success in Project Maximus," the CFO adds. 

Infosys FY24 Results: Revenue growth at 1.4% YoY in constant currency  

Here are some other highlights of the financial year gone by: 

• Reported revenues up 4.7% YoY at Rs 1,53,670 crore
• Operating margin at 20.7%, down 40 bps YoY

Infosys Q4 Results LIVE Update: Operating margin FY25 guidance at 20-22%

Infosys Q4 Results LIVE Update: Revenue growth FY25 guidance in constant currency at 1-3%

Infosys Q4 Results LIVE Update: Would like to thank our 3,17,000 employees across the world, says Salil Parekh 

 “I would like to thank our 3,17,000 employees across the world that are working to create value for our clients," says the Infosys CEO.

Infosys Q4 Results LIVE Update: FY24 large deal value highest ever, says CEO Salil Parekh 

“We delivered the highest ever large deal value in the financial year 2024. This reflects the strong trust clients have in us. Our capabilities in Generative AI continue to expand," says Salil Parekh, CEO and MD, Infosys. 

"We are working on client programs, leveraging large language models with impact across software engineering, process optimisation, and customer support," the CEO adds. 

Image: Reuters

Infosys Q4 Results LIVE Update: Free cash flow robust at 11-quarter high of $848 million, says IT major

Infosys Q4 Results LIVE Update: Large deal TCV at $4.5 billion

The total contract value (TCV) of large deals stands at $4.5 billion for the March quarter, with net new deals at 44 per cent, according to Infosys.  

Infosys Q4 Results LIVE Update: Dollar revenue at $4,564 million

The company says its revenue is flat on a year-on-year basis and down of 2.2 per cent sequentially in constant currency. 

Infosys Q4 Results LIVE Update: Operating margin shrinks by 40 bps QoQ 

The IT major's operating margin comes in at 20.1 per cent for the March quarter, as against 20.5 per cent for the previous three months. 

Infosys Q4 Results LIVE Update: Attrition eases by 30 bps sequentially 

Voluntary IT services attrition at the Bengaluru-headquartered IT giant, on a trailing-12-month basis, eases to 12.6 per cent in Q4 from 12.9 per cent in Q3.