Will Infosys Consider Paying Final Dividends Along with Q4 Results After TCS? Know Details

Posted on the 13 April 2022 by Geetikamalik
Read Time:2 Minute, 19 Second

Infosys Q4 Results: After the IT service giant Consulting Services Consultation Kicking season income with strong records, infosy will announce its income today, April 13. The company is expected to consider paying the final dividend today. IT giants are expected to report double-digit growth in clean sales and net income in year to year (yoy) for the quarter ending on March 31, several brokerage houses believe. Infosys informed NSE on April 1, 2022, that it would release results for the fourth quarter and the year ended March 31, 2022, at 4 P.M. The Indian standard time (IST) on Wednesday, April 13, 2022. The company’s board of directors will issue the audited consolidated financial results audited for the fiscal year which ended on March 31, 2022, at the meeting. In addition, the final dividend for the fiscal year ended on March 31, 2022, will be recommended.

Earlier this week, the Consultancy Services (TCS) on Monday recommended final dividends ~ RS 22 per equity respectively. The proposed final dividend must be paid on the fourth day of the conclusion of the 27th annual general meeting, subject to the approval of the Company’s shareholders.

Meanwhile, HCl has told BSE that the company’s board of directors will meet on April 20 & 21 2022 to discuss the audited financial results of the company for the fiscal year which ended on March 31, 2022, and the payment of interim dividends for fiscal 2022-23. “Items related to Financial Results and Interim Dividend payments will be considered by the Board on April 21, 2022. The record date to determine the shareholder rights for the payment of the interim dividend above is April 29, 2022, subject to interim dividend approval by the Directors. has informed BSE.

What broker is said towards the infosys Q4 income

The brokerage house yes the effect believes that infosys can post an increase of 26.30 percent and 20.30 percent year-to-year (yoy) each in clean sales and net income, in Q4FY22.

“Growth of infosys is broad-based throughout the vertical industry with an almost flat QOQ margin,” said Securities, adding InfoSys might see 4.2 percent of a quarter growth in the quarter in the upper line and 5.1 percent QoQ rose in profit after a quarter of tax.

Market participants must zero in comments related to friction prospects, IT budgets, steps taken to manage the supply side challenges, environmental agreements and FY23 income, guidelines for margins and agreements.

Securities HDFC, who prefers infosys in the TI-1 IT room, said the net profit of infosition can increase 24.80 percent yoy and 3 percent on the basis of Qoq. On the other hand, he saw 15.40 percent yoy and 0.80 percent QoQ rose in a net income at Q4FY22.

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