Infosys soars on reporting 7% rise in Q1 consolidated net profit
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Infosys is currently trading at Rs. 1802.10, up by 42.95 points or 2.44% from its previous closing of Rs. 1759.15 on the BSE.
The scrip opened at Rs. 1842.05 and has touched a high and low of Rs. 1843.00 and Rs. 1802.10 respectively. So far 327501 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1,843.00 on 19-Jul-2024 and a 52 week low of Rs. 1311.60 on 21-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1843.00 and Rs. 1699.30 respectively. The current market cap of the company is Rs. 730404.09 crore.
The promoters holding in the company stood at 14.71%, while Institutions and Non-Institutions held 69.93% and 15.35% respectively.
Infosys has reported 3.16% fall in its net profit at Rs 5768 crore for the quarter ended June 30, 2024 as compared to Rs 5956 crore for the same quarter in the previous year. However, total income of the company increased by 3.63% at Rs 34004 crore for Q1FY25 as compared to Rs 32812 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 7.22% rise in net profit at Rs 6374 crore for Q1FY25 as compared to Rs 5945 crore for the same quarter in the previous year. Total income of the company increased by 4.31% at Rs 40153 crore for Q1FY25 as compared to Rs 38494 crore for the corresponding quarter previous year.
