Rs 7,969 crore Q4 profit for Infosys
Bengaluru: IT software giant Infosys in May declared a 30 per cent jump in net profit to Rs 7,969 crore for the January-March quarter of 2023-24, up from Rs 6,128 crore in the same quarter of the previous year. The company reported revenues of Rs 37,923 crore in the fourth quarter ended March 31, according to a stock exchange filing. Infosys also declared a final dividend of Rs 20 per equity share and a one-time dividend of Rs 8 per share.
India’s second-largest IT services company also announced the acquisition of In-Tech Holding GmbH, an engineering, research and development services provider. Infosys share price went up 0.34 per cent in early May to settle at Rs 1,419.25, ahead of the fourth quarter results.
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EDITOR'S DESK, Jun 2024
Luxury in the elite housing space is set to get a new address in Gurugram—Sobha Aranya. Two expert groups are pushing their limits to deliver the best they can. In that sense, as dancer Twlyla Tharp would say, they are both privileged in doing what they are, it’s a luxury they can afford. Aranya is as much a meeting of a pair of creative minds, as it is an aesthetic collaboration of two partners who over decades have sharpened their skills at being both inventive and innovative at the same time...
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