Infosys This fall revenue surges 30% to ₹7,969 crore, pronounces acquisition of German agency in-tech

IT firm Infosys on Thursday stated its consolidated revenue jumped 30 per cent to ₹7,969 crore within the fourth quarter ended March 2024.

• Additionally learn:This fall outcomes preview: Infosys income seen decrease as IT spend slows

The corporate posted a revenue of ₹6,128 crore in the identical interval a 12 months in the past, in accordance with a regulatory submitting.

The consolidated income of Infosys through the reported quarter elevated by 1.3 per cent to ₹37,923 crore from ₹37,441 crore in the identical quarter a 12 months in the past.

The corporate expects a income progress of 1-3 per cent in fixed foreign money for monetary 12 months 2025.

Throughout the monetary 12 months ended March 2024, internet revenue elevated by 8.9 per cent to ₹26,233 crore from ₹24,095 crore recorded in FY23.

The annual revenue from operations elevated by 4.7 per cent to ₹1,53,670 crore in fiscal 12 months 2024 from ₹1,46,767 crore a 12 months in the past.

Infosys board advisable a closing dividend of ₹20 per fairness share for FY24 and moreover a particular dividend of ₹8 per fairness share.

The corporate additionally introduced that it’s going to purchase 100 per cent stake in German agency in-tech in an all money deal for 450 million euros.