Infosys declares final dividend of Rs 17.50 per equity share for FY23.

Source - gettyimages Infosys, a leading Indian multinational IT company, has declared a dividend of Rs 17.50 per equity share for the fiscal year that ended on March 31, 2023. Infosys Ltd, a prominent Indian IT services provider, has reported its financial results for the fourth quarter that ended March 31, 2023 (Q4FY23). The company has revealed that its revenue from operations during the quarter has increased by 16% to Rs 37,441 crore compared to Rs 32,276 crore in the same period last year. The revenue growth in constant currency (CC) terms is 8.8% year-over-year and has fallen by 3.20% quarter-over-quarter (QoQ). This announcement of the dividend is expected to benefit the company's shareholders, as it indicates that the company has generated sufficient profits and has a positive outlook for the future. The increase in revenue and profit after tax is also a positive sign for the company's overall financial health. The compa...