Infosys net up 10.4% in Q4 to Rs 4,074 crore

Bengaluru: Infosys CEO and MD Salil Parekh with Chief Operating Officer UB Pravin Rao and CFO Nilanjan Roy during a press conference to announce results for FY18-2019 Q4 in Bengaluru, on April 12, 2019.

Bengaluru,  Global software major Infosys on Friday reported Rs 4,074 crore consolidated net profit for the fourth quarter of fiscal 2018-19, registering 10.4 per cent annual growth and 12.9 per cent quarterly growth.

In a regulatory filing on the BSE, the city-based IT firm said its consolidated revenue for the quarter under review (Q4) grew 19.1 per cent annually to Rs 21,539 crore, but was flat (0.6 per cent) quarterly.

Under the International Financial Reporting Standards (IFRS), net income increased 1.6 per cent year-on-year (YoY) to $580 million, which is 15.5 per cent up quarterly.

Gross income under IFRS grew 9.1 per cent YoY to $3,060 million, which is 2.4 per cent up quarterly.

 

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