Infosys, India’s second-largest IT services firm, on Thursday reported a 11.7 per cent year-on-year drop in consolidated net profit for the March quarter, which stood at Rs 7,033 crore.In the corresponding period last year, the company had posted a profit of Rs 7,969 crore.
Despite the decline in quarterly profit, Infosys surpassed its full-year revenue guidance. The company had earlier revised its FY25 revenue growth outlook to 4.5-5 per cent, up from the previous range of 3.75-4.50 per cent, as per PTI report.
Revenue for the quarter rose 7.9 per cent to Rs 40,925 crore, compared to Rs 37,923 crore in the same period a year ago.
Sequentially, net profit rose by 3.3 per cent, even as revenue dipped by 2 per cent.
For the full financial year FY25, Infosys reported a marginal profit growth of 1.8 per cent to Rs 26,713 crore. Annual revenue increased by 6.06 per cent, reaching Rs 1,62,990 crore.
“We have built a resilient organisation with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees,” Infosys CEO and MD Salil Parekh said.
“Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest-ever free cash generation. Our depth in AI, cloud and digital and strength in cost-efficiency, automation, and consolidation position us well for the needs of our clients,” Parekh said.
Infosys has projected a revenue growth of 0-3 per cent in constant currency terms for FY26.
The company reported a cash flow of USD 4.1 billion for FY25 — the highest ever in its history, according to CFO Jayesh Sanghrajka.
The total workforce at the end of the fiscal stood at 323,578. The board has proposed a final dividend of Rs 22 per share. Including the interim dividend, this reflects a 13.2 per cent increase over the previous year.
Infosys shares closed 0.51 per cent higher at Rs 1,420.20 apiece on the BSE on Thursday. The Q4 results were announced after market hours.