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Infosys has declared its Q4 FY24 financial results.
Infosys announced results of quarter 4 for the 2023-24 financial year
According to analysts, Infosys is expected to post tepid Q4 numbers as its revenue is expected to fall sequentially for the second consecutive quarter or to remain flat, and its guidance for FY2024-25 is also likely to be conservative.
Infosys Q3 Results 2024
IT major Infosys in January 2024 posted a fall of 7.3 per cent year-on-year in its net profit to Rs 6,106 crore for the third quarter ended December 2023 quarter. However, its revenues during October-December 2023 rose 1.3 per cent to Rs 38,821 crore, compared with Rs 38,318 crore a year ago.
Infosys’ net profit had stood at Rs 6,586 crore in the corresponding quarter last year.
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