1480.2000 8.80 (0.60%)
NSE Apr 25, 2025 15:31 PM
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Infosys Ltd.
22 Apr 2024
1480.20
0.60%
KRChoksey
Infosys announced relatively underwhelming Q4FY24 results, with revenue falling short of our expectations, while profits exceeded our forecasts largely on the back of substantial other income.
Revenue of INR 3,79,230 Mn (+1.3% YoY) was led by growth in the Communication (+4.2% YoY), Energy, Utilities, Resources & Services (+1.5% YoY), and Hi-Tech (+8.7% YoY) segments, although it fell short of our estimates by 3.2%.
Number of FII/FPI investors increased from 1758 to 1775 in Mar 2025 qtr.
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