Dividends: The Board recommended a final dividend of ₹20 per share and a special dividend of ₹8 per share. The total payout ratio over FY20 to FY24 was 85% of Free Cash Flow.
Explore: Infosys Share Price
Extracted from the Condensed Consolidated Balance Sheet as of:
(Unit: ₹ Crore)
As of March 31, 2024 and 2023
Description | March 31, 2024 | March 31, 2023 |
ASSETS Current assets: | ||
Cash and cash equivalents | 14,786 | 12,173 |
Current investments | 12,915 | 6,909 |
Trade receivables | 30,193 | 25,424 |
Unbilled revenue | 12,768 | 15,289 |
Other current assets | 18,770 | 11,086 |
Total current assets | 89,432 | 70,881 |
Non-current assets: | ||
Property, plant & equipment and right-of-use assets | 19,370 | 20,675 |
Goodwill and other intangible assets | 8,700 | 8,997 |
Non-current investments | 11,708 | 12,569 |
Non-current unbilled revenue | 1,780 | 1,449 |
Other non-current assets | 6,824 | 11,245 |
Total non-current assets | 48,382 | 54,935 |
Total assets | 137,814 | 125,816 |
LIABILITIES AND EQUITY Current liabilities: | ||
Trade payables | 3,956 | 3,865 |
Unearned revenue | 7,341 | 7,163 |
Employee benefit obligations | 2,622 | 2,399 |
Other current liabilities and provisions | 24,875 | 25,759 |
Total current liabilities | 38,794 | 39,186 |
Non-current liabilities: | ||
Lease liabilities | 6,400 | 7,057 |
Other non-current liabilities | 4,159 | 3,778 |
Total non-current liabilities | 10,559 | 10,835 |
Total liabilities | 49,353 | 50,021 |
Equity: | ||
Equity attributable to equity holders of the company | 88,116 | 75,407 |
Non-controlling interests | 345 | 388 |
Total equity | 88,461 | 75,795 |
Total liabilities and equity | 137,814 | 125,816 |
Extracted from the Condensed Consolidated Statement of Comprehensive Income:
Read More: Quarterly Result
(Unit: ₹ Crore except per equity share data)
Period Ending | March 31, 2024 | March 31, 2023 | Year Ended March 31, 2024 | Year Ended March 31, 2023 |
Revenues | 37,923 | 37,441 | 153,670 | 146,767 |
Cost of sales | 26,748 | 26,011 | 107,413 | 102,353 |
Gross profit | 11,175 | 11,430 | 46,257 | 44,414 |
Operating expenses: | ||||
Selling and marketing expenses | 1,735 | 1,659 | 6,973 | 6,249 |
Administrative expenses | 1,819 | 1,894 | 7,537 | 7,260 |
Total operating expenses | 3,554 | 3,553 | 14,510 | 13,509 |
Operating profit | 7,621 | 7,877 | 31,747 | 30,905 |
Other income, net | 2,619 | 589 | 4,241 | 2,417 |
Profit before income taxes | 10,240 | 8,466 | 35,988 | 33,322 |
Income tax expense | 2,265 | 2,332 | 9,740 | 9,214 |
Net profit (before minority interest) | 7,975 | 6,134 | 26,248 | 24,108 |
Net profit (after minority interest) | 7,969 | 6,128 | 26,233 | 24,095 |
Infosys Limited is a global leader in next-generation digital services and consulting. Founded in 1981 by N. R. Narayana Murthy and six other engineers in Pune, India, Infosys have grown to become one of the most prominent IT companies worldwide. The company is headquartered in Bangalore, India, and serves clients across various industries by helping them navigate their digital transformation journeys.
Infosys offers a wide range of services and solutions in areas such as IT consulting, technology and engineering services, and outsourcing. The company specialises in software development, maintenance, independent validation services to companies in finance, insurance, manufacturing, and other domains. Additionally, Infosys has made significant strides in emerging technologies like artificial intelligence, blockchain, cloud computing, and big data analytics.
At the heart of Infosys's success is its commitment to innovation. The company operates numerous innovation centres and digital studios around the globe. These centres focus on developing cutting-edge solutions that leverage next-generation technologies to solve complex business challenges. Infosys's AI-powered core, which harnesses automation, analytics, and machine learning, is pivotal in delivering enhanced efficiency and effectiveness in its offerings. Infosys is also known for its strong emphasis on sustainability and social responsibility. The company endeavours to make a positive impact on the communities where it operates through various initiatives focused on education, healthcare, and environment. Infosys's commitment to environmental sustainability is evident in its pledge to become carbon neutral, focusing on energy efficiency, renewable energy, and green building practices.
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This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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