Infosys Q4 net profit up 10.5 per cent to Rs 4,078 crore
As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business," Infosys CEO and Managing Director Salil Parekh said. He termed the results as strong on multiple dimensions including revenue growth, performance of digital portfolio, large deals and client metrics. In US dollars, Infosys saw its net profit growing 1.7 per cent to USD 581 million in the March 2019 quarter from USD 571 million in the year-ago period, while revenues rose 9.1 per cent to USD 3.06 billion from USD 2.8 billion a year ago. For 2018-19, profit declined 11.5 per cent to USD 2.2 billion, while revenues grew 7.9 per cent to USD 11.7 billion. For the financial year 2019, the company's board has recommended a final dividend of Rs 10.50 per share. After including the interim dividend of Rs 7 per share, the total dividend for the fiscal will amount to Rs 17.50 per share, it said. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chronicle
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