Infosys Q4FY24 Earnings; Revenue, Margins Miss Expectations; Key Highlights Here | #shorts

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On April 18, IT major Infosys reported its Q4FY24 earnings. The company's consolidated net profit surged by 30% year-on-year (YoY) to Rs 7,967 crore, surpassing expectations. However, revenue, guidance, and margins fell short of ET NOW poll expectations. Revenue from operations grew by 1.3% YoY to Rs 37,923 crore in Q4. Operating margins for Q4 were reported at 20.1%, with FY25 guidance for operating margins set at 20-22%. Revenue growth guidance in constant currency terms for FY25 is projected at 1-3%. Infosys recommended a final dividend of Rs 20 per share for FY24, along with a special dividend of Rs 8 per share.

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