Infosys declared their Q3 FY24 results on 11 Jan, 2024. The topline increased by 1.31% & the profit decreased by 7.29% YoY.
As compared to the previous quarter, the revenue declined by 0.44% and the profit decreased by 1.71%.
The Selling, general & administrative expenses rose by 0.56% q-o-q & increased by 5.43% Y-o-Y.
The operating income was down by 3.78% q-o-q & decreased by 3.41% Y-o-Y.
The EPS is ₹14.76 for Q3 FY24, which decreased by 7.08% Y-o-Y.
Infosys has delivered -1.22% return in the last 1 week, 9.46% return in the last 6 months, and -3.16% YTD return.
Currently, Infosys has a market cap of ₹618432.8 Cr and a 52wk high/low of ₹1619.75 & ₹1185.3 respectively.
As of 13 Jan 2024, out of 38 analysts covering the company, 1 analyst has given a Strong Sell rating, 6 analysts have given a Sell rating, 12 analysts have given a Hold rating, 11 analysts have given a Buy rating, and 9 analysts have given a Strong Buy rating.
The consensus recommendation as of 13 Jan 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 38821 | 38994 | -0.44% | 38318 | +1.31% |
| Selling/ General/ Admin Expenses Total | 3594 | 3574 | +0.56% | 3409 | +5.43% |
| Total Operating Expense | 30860 | 30720 | +0.46% | 30076 | +2.61% |
| Operating Income | 7961 | 8274 | -3.78% | 8242 | -3.41% |
| Net Income Before Taxes | 8619 | 8768 | -1.7% | 8931 | -3.49% |
| Net Income | 6106 | 6212 | -1.71% | 6586 | -7.29% |
| Diluted Normalized EPS | 14.76 | 15.19 | -2.85% | 15.88 | -7.08% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹6106Cr
Question : What is Q3 FY24 revenue?
Ans : ₹38821Cr
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Published: 13 Jan 2024, 03:32 AM IST