Infosys to Announce Fourth Quarter and Annual Results on April 18, 2024
Results for the Fourth Quarter and Year ended March 31, 2024
Infosys, a leading IT services company, is set to announce its fourth quarter and annual results on April 18, 2024. The results will include the following information:
- Balance Sheet
- Statement of Profit and Loss
- Cash Flow Statement
- Notes to Accounts
- Auditors Report
Investors and analysts are eagerly awaiting the results to assess Infosys's financial performance and growth prospects.
Get Financial Highlights of the Second Quarter ended September 30, 2023
In the second quarter ended September 30, 2023, Infosys reported:
- Revenue: Rs 38,637 crore, up 23.4% YoY
- Gross profit: Rs 18,349 crore, up 24.5% YoY
- Sequential growth: 5.7%
- Year-on-year growth: 23.4%
These results indicate that Infosys continues to perform well in a challenging macroeconomic environment.
Infosys Q4 Results Live Updates
Follow our live coverage of Infosys's Q4 results on our website on April 18, 2024, for the latest updates and analysis.
Analysts Predict Tepid Results
Analysts are predicting that Infosys's Q4 results will be tepid due to various factors, including:
- Slowing economic growth
- Currency headwinds
- Increased competition
However, Infosys has a strong track record of beating analyst estimates, so it remains to be seen whether the results will meet or exceed expectations.
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