Q4FY17 results: Infosys

Infosys Ltd., reported its results for the quarter ended March 31, 2017, pre-market hours on Thursday.

Total sales for this quarter, Q4FY17, came in at Rs 14920 crore. This represents a 0.19 per cent sequential decline and 5.38 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs 4050 crore and the EBIT margin stands at 27.14 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs 3562 crore, which represents a sequential QoQ decline of 1.03 per cent and a YoY increase of 5.04 per cent.

For year ended March 31, 2017, company reported consolidated revenue of Rs 68,484 crore, with a YoY growth of 9.7 per cent. Operating profit for the same period was at Rs 16,901 crore, with YoY growth of 8.2 per cent. Also, net profit increased by 6.4 per cent yoy to Rs 4,353 crore.
 
For the Financial Year 2017, the board announced a final dividend of Rs 14.75 per share, amounting to Rs 4,078 crore. After including the interim dividend of Rs 11 per share, the aggregate dividend for financial Year 2017 amounts to Rs 25.75 per share, resulting in a total pay-out of Rs 7,119 crore.
 
Further, effective from financial Year 2018, the company expects to pay-out upto 70 per cent of the free cash flow of the corresponding Financial Year (including by way of dividend and/or share buyback). The company’s current policy is to pay dividends of upto 50 per cent of post-tax profits for the financial Year.

Company’s outlook (consolidated) for FY18, revenue is expected to grow 6.5 per cent-8.5 per cent in constant currency and in INR terms revenue is expected to grow 2.5 per cent-4.5 per cent.