Infosys Limited (INFY) annual results, year to 31 March 2023: revenue USD 18,212 million, from the 20-F
Infosys Limited files a 20-F with the SEC once a year, in US dollars. In the year to 31 March 2023 it reported revenue of USD 18,212 million, up 11.7% on the year before. Its profit attributable to shareholders was USD 2,981 million, up 0.6%, and diluted earnings per share USD 0.71.
The year to 31 March 2023, against the year before
| Year to | Mar 2022 | Mar 2023 |
|---|---|---|
| Revenue | 16,311 | 18,212 |
| Cost of sales | 10,996 | 12,709 |
| Gross profit | 5,315 | 5,503 |
| Research and development | 124 | 129 |
| Operating profit | 3,755 | 3,825 |
| Finance costs | 27.0 | 35.0 |
| Profit before tax | 4,036 | 4,125 |
| Income tax | 1,068 | 1,142 |
| Profit for the year | 2,968 | 2,983 |
| Profit attributable to shareholders | 2,963 | 2,981 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Mar 2022 | Mar 2023 |
|---|---|---|
| Total assets | 15,555 | 15,312 |
| Equity attributable to shareholders | 9,941 | 9,172 |
| Cash and cash equivalents | 2,305 | 1,481 |
| Lease liabilities | 722 | 1,010 |
| Goodwill | 817 | 882 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Mar 2022 | Mar 2023 |
|---|---|---|
| Gross margin | 32.6% | 30.2% |
| Operating margin | 23.0% | 21.0% |
| Net margin | 18.2% | 16.4% |
| Return on year-end equity | 29.8% | 32.5% |
| Effective tax rate | 26.5% | 27.7% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 March 2026
- Year to 31 March 2025
- Year to 31 March 2024
- Year to 31 March 2023, this page
- Year to 31 March 2022
- Year to 31 March 2021
- Year to 31 March 2020
- Year to 31 March 2019
- Year to 31 March 2018
- Year to 31 March 2017
- Year to 31 March 2016
Source
20-F for the year to 31 March 2023, filed 1 July 2025, accession 0000950170-25-091925: the filing on EDGAR. All of Infosys Limited's filings: EDGAR company page. The figures are in US dollars as filed.
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