IT company Infosys Limited will announce its results on January 16 for the quarter ending December 31, 2024. The company gave this information on Friday (December 13). Infosys said the board meeting will be held on January 15-16.
Infosys shares closed at Rs 1,999 with a gain of 0.60 per cent on Friday. The stock is up about 10% over the past month. The stock returned 33% in 6 months and 29% this year. The market capitalization of Infosys is Rs 8.28 lakh crore.
Infosys reported a profit of Rs 6,506 crore in the second quarter of the financial year 2024-25. There was an increase of 4.7% on an annual basis. The company had made a consolidated net profit of Rs 6,212 crore in the same quarter a year ago.
Infosys profit of ₹6,506 crore in second quarter
The company generated a revenue of Rs 40,986 crore in the July-September quarter. There was an increase of 5.1% on an annual basis. A year ago, i.e. in the second quarter of FY23 and FY24, the technology company had generated a revenue of Rs 38,994 crore. Money received from the sale of goods and services constitutes income.
A dividend of Rs 21 per share was announced
The Infosys board had also approved an interim dividend of Rs 21 per share to shareholders. Companies return part of the profits to their shareholders, this is called the dividend.
Nandan Nilekani started the business with Rs 21,000
Founded in 1981, Infosys is a global IT consulting and services company listed on the NYSE. The company was created with a capital of 250 dollars (around Rs 21,000 to date). Today, its market capitalization is Rs 7.28 lakh crore.
The 40-year-old company has more than 1,800 customers in more than 56 countries. It has 13 subsidiaries around the world. The founder of the company is Nandan M. Nilekani. The CEO and Managing Director is Salil Parekh. D Sundaram is the lead independent director.