Infosys Q1FY24 Results: Consolidated PAT Rises to Rs. 5945 Cr

Infosys and NVIDIA join forces for Innovative AI solutions

Infosys Q1 results show revenue up from 38112 crores to 38494 crores, a 1.00% increase in growth. EPS down from ₹14.77 to ₹14.35, down by -2.84%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Infosys shared its Q1 results on Thursday. They earned 38494 crores in revenue this quarter, but that’s more than the 38112 crores they made last quarter. The company’s growth increased by 1.00 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 5945 crores, down from 6128 crores in the previous quarter. Their quarter-to-quarter growth decreased by -2.99 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹14.35, which is a decrease of -2.84% from the ₹14.77 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 38494 crores this year (2023), which is 9.53 percent higher than last year’s total revenue of 35146 crores.

This year’s PAT (Profit After Tax) is 5945 crores, which is also 10.91% higher than last year’s PAT of 5360 crores.

The EPS (Earnings Per Share) for this year is ₹14.35, which is 12.46% more than the EPS of ₹12.76 earned last year.

Also Read: Persistent Systems Q1FY24 Results: Consolidated PAT of Rs. 228.76 Cr

Infosys Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Infosys :

Infosys Limited, an Indian multinational information technology company, specializes in offering business consulting, information technology, and outsourcing services. It was founded in Pune and has its headquarters located in Bangalore.

Download the Full PDF of Infosys Q1 Results: Click Here

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