Infosys Q4 net profit drops 11.7% to Rs 7,033 crore; revenue rises to Rs 40,925 cr

India’s second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter.

It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago period.

The company has exceeded its guidance for the full fiscal year. Infosys had raised the 2024-25 fiscal year revenue guidance to 4.5-5 per cent, up from 3.75-4.50 per cent.