Infosys trades higher on reporting 23% rise in Q1 consolidated net profit
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Infosys is currently trading at Rs. 1583.35, up by 6.45 points or 0.41% from its previous closing of Rs. 1576.90 on the BSE.
The scrip opened at Rs. 1554.00 and has touched a high and low of Rs. 1597.25 and Rs. 1551.25 respectively. So far 251923 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1590.85 on 30-Jun-2021 and a 52 week low of Rs. 795.35 on 15-Jul-2020.
Last one week high and low of the scrip stood at Rs. 1582.40 and Rs. 1535.00 respectively. The current market cap of the company is Rs. 671302.97 crore.
The promoters holding in the company stood at 12.95%, while Institutions and Non-Institutions held 55.77% and 14.09% respectively.
Infosys has reported a rise of 17.84% in its net profit at Rs 4,723 crore for first quarter ended June 30, 2021 as compared to Rs 4,008 crore for the same quarter in the previous year. Total income of the company increased by 16.73% at Rs 24,284 crore for Q1FY22 as compared Rs 20,803 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 22.73% in its net profit attributed to the owners at Rs 5,195 crore for the quarter under review as compared to Rs 4,233 crore for the same quarter in the previous year. Total income of the company increased by 18.14% at Rs 28,518 crore for Q1FY22 as compared Rs 24,140 crore for the corresponding quarter previous year.
