Infosys Ltd. Q3 FY2024 results: revenue ₹38,821 crore, up 1.3% on the year

Infosys Ltd. (INFY) reported consolidated revenue from operations of ₹38,821 crore for Q3 FY2024, the quarter ended 31 December 2023, up 1.3% on the same quarter a year earlier. Profit after tax was ₹6,113 crore, down 7.2% on the year, and earnings per share ₹14.76. The figures are the company's own, from the audited results it filed with NSE on 11 January 2024.

Revenue from operations₹38,821 croreup 1.3%

Profit after tax₹6,113 croredown 7.2%

EPS₹14.76

QuarterQ3 FY2024ended 31 December 2023

The quarter, against the one before and a year earlier

Line	Q3 FY2024	Q2 FY2024	A year earlier	Change on the year
Revenue from operations	38,821	38,994	n/a	n/a
Other income	789	632	n/a	n/a
Total income	39,610	39,626	n/a	n/a
Cost of materials consumed	0	0	n/a	n/a
Purchases of stock-in-trade	0	0	n/a	n/a
Changes in inventories	0	0	n/a	n/a
Employee benefit expense	20,651	20,796	n/a	n/a
Finance costs	131	138	n/a	n/a
Depreciation, depletion and amortisation	1,176	1,166	n/a	n/a
Other expenses	9,033	8,758	n/a	n/a
Total expenses	30,991	30,858	n/a	n/a
Profit before exceptional items and tax	8,619	8,768	n/a	n/a
Exceptional items	0	0	n/a	n/a
Profit before tax	8,619	8,768	n/a	n/a
Current tax	2,419	2,491	n/a	n/a
Deferred tax	87	62	n/a	n/a
Total tax	2,506	2,553	n/a	n/a
Profit after tax	6,113	6,215	n/a	n/a
Attributable to owners of the parent	6,106	6,212	n/a	n/a
Other comprehensive income	504	-16	n/a	n/a
Total comprehensive income	6,617	6,199	n/a	n/a
EPS, basic	₹14.76	₹15.01	n/a	n/a
EPS, diluted	₹14.74	₹14.99	n/a	n/a

₹ crore except per share.

Quarterly results, the last 12 quarters

	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026	Q1 FY2027
Sales	38,994	38,821	37,923	39,315	40,986	41,764	40,925	42,279	44,490	45,479	46,402	48,211
Expenses	30,858	30,991	30,412	31,132	32,445	32,953	32,452	33,581	35,243	36,100	36,764	38,167
Operating profit	9,440	9,137	8,784	9,437	9,809	10,115	9,874	9,943	10,535	10,634	11,167	11,409
OPM %	24%	24%	23%	24%	24%	24%	24%	24%	24%	23%	24%	24%
Other income	632	789	2,729	838	712	859	1,190	1,042	982	1,139	1,159	984
Interest	138	131	110	105	108	101	102	105	106	100	105	119
Depreciation	1,166	1,176	1,163	1,149	1,160	1,203	1,299	1,140	1,182	1,155	1,424	1,246
Exceptional items	0	0	0	0	0	0	0	0	0	-1,289	0	0
Profit before tax	8,768	8,619	10,240	9,021	9,253	9,670	9,663	9,740	10,229	9,229	10,797	11,028
Tax %	29%	29%	22%	29%	30%	29%	27%	29%	28%	28%	21%	29%
Net profit	6,215	6,113	7,975	6,374	6,516	6,822	7,038	6,924	7,375	6,666	8,509	7,775
EPS in ₹	₹15.01	₹14.76	₹19.25	₹15.38	₹15.71	₹16.43	₹16.98	₹16.70	₹17.76	₹16.17	₹21.01	₹19.19
Filing	NSE	NSE	NSE	NSE	NSE	NSE	Filing	Filing	Filing	Filing	Filing	Filing

₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.

Source

Audited consolidated results for the quarter ended 31 December 2023, filed with NSE on 11 January 2024: the result statement. All of Infosys Ltd.'s results: NSE company page.

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