Jump in profit
Net profit for the quarter jumped 10.51 per cent year-on-year to Rs 4,078 crore from Rs 3,690 crore in the year-ago quarter.
Operating profit up 3.3 per cent
Consolidated operating profit of the IT major increased 3.26 per cent YoY to Rs 4,618 crore from Rs 4,472 crore reported for the same period last year.
Ebit margin declines
The company’s Ebit margin stood at 21.40 per cent in Q4FY19 against analysts’ estimate of 22.20 per cent. EBIT margin stood at 22.60 per cent in Q3FY19.
FY20 revenue guidance at 9.5 per cent
Infosys projected FY20 revenue growth at 7.5-9.5 per cent in constant currency terms and pegged operating margin in the 21-23 per cent range.
Dividend to shareholders
The company recommended a final dividend of Rs 10.50 per share for the financial year ended March 2019. After including the interim dividend of Rs 7 per share, the total dividend for Financial Year 2019 will amount to Rs 17.50 per share. The payment is subject to the approval of the shareholders.
For more information Top 10 Stock Advisory Company Indore
Net profit for the quarter jumped 10.51 per cent year-on-year to Rs 4,078 crore from Rs 3,690 crore in the year-ago quarter.
Operating profit up 3.3 per cent
Consolidated operating profit of the IT major increased 3.26 per cent YoY to Rs 4,618 crore from Rs 4,472 crore reported for the same period last year.
Ebit margin declines
The company’s Ebit margin stood at 21.40 per cent in Q4FY19 against analysts’ estimate of 22.20 per cent. EBIT margin stood at 22.60 per cent in Q3FY19.
FY20 revenue guidance at 9.5 per cent
Infosys projected FY20 revenue growth at 7.5-9.5 per cent in constant currency terms and pegged operating margin in the 21-23 per cent range.
Dividend to shareholders
The company recommended a final dividend of Rs 10.50 per share for the financial year ended March 2019. After including the interim dividend of Rs 7 per share, the total dividend for Financial Year 2019 will amount to Rs 17.50 per share. The payment is subject to the approval of the shareholders.
For more information Top 10 Stock Advisory Company Indore
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