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HomeBusinessNet Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share...

Net Profit Jumps 11.1% To Rs 6,021 Crore; Rs 9,300 Cr Share Buyback Announced

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Last Updated: October 13, 2022, 16:34 IST

Infosys has announced its second-quarter earnings on October 13.

Infosys has announced its second-quarter earnings on October 13.

Infosys has also declared an interim dividend of Rs 16.5 per equity share

Infosys Q2 Results: IT major Infosys on Thursday posted a consolidated net profit of Rs 6,021 crore for the September 2022 quarter, a growth of 11.1 per cent as compared with Rs 5,421 crore in the year-ago quarter. The company’s revenue jumped 23.4 per cent to Rs 36,538 crore, against Rs 29,602 crore in the September 2021 quarter. Sequentially, Infosys’ net profit jumped 12.3 per cent as compared with Rs 5,360 crore in the June 2022 quarter.

On a quarter-on-quarter basis, its revenue rose 6 per cent during July-September 2022 as against Rs 34,470 crore in the preceding quarter, according to a BSE filing.

Infosys on Thursday also declared an interim dividend of Rs 16.5 per equity share. It has fixed October 28 as the record date for the interim dividend and November 10 as the payout date.

The company on Thursday also announced a share buyback of Rs 9,300 crore.

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