The above graph represents the Infosys net profit by quarter, starting from fiscal Q1 1996 to the recently completed quarter. Infosys net profit in FY Q1 2021 increased a 3.3% YoY, to $564 million, worldwide. Surprisingly, the company reported a notable decline of 4.73% in June quarter net income when compared to the previous quarter.
In FY Q3 2020, ended Dec 31, 2019, Infosys global net profit surged 24.9% YoY to $627 million – the second-highest in history.
Infosys Net Income by Quarter: History
|Source||Infosys Limited Quarterly Reports|
|Note||Infosys Fiscal Year: April 1st – March 31st|
In FY Q3 2018, ended December 31, 2017, the Indian IT company reported its highest-ever net profit of $796 million, with an appreciable 45.5% YoY and 37.7% QoQ growth.
One must note that fiscal Q4 1999 (Jan-March) was the only quarter in the history of Infosys when the company reported a net loss of $3.07 million ($3,070,739 to be precise).
Fiscal Q3 2005 was the first time when the quarterly net profit of Infosys surpassed $100 million milestone, with 58.8% YoY growth. In just two years, the company doubled its net profit, amounting to $218 million.
In fiscal Q2 2015, ended September 30th, 2014, Infosys quarterly net income surpassed $511 million for the first time, with an impressive 33.4% YoY and 6.02% QoQ growth.
About Infosys Limited: Additional Information
Infosys Limited (NSE: INFY) is an Indian multinational IT company, headquartered in Bengaluru, India. The company provides business consulting, technology, outsourcing and next-generation digital services.
On July 7, 1981, Infosys was co-founded by seven engineers – N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan and Ashok Arora.
In February 1993, Infosys went for its initial public offerings (IPO) with an offer price of ₹95 per share and got listed on stock exchanges in India in June 1993. In 1999, Infosys became the first IT Company from India to be listed on NASDAQ. The company has its primary listings on the BSE Ltd. and National Stock Exchange of India Limited. The company’s American Depositary Shares (ADS) representing equity shares are listed on the New York Stock Exchange (NYSE).
Started from an initial capital of $250, Infosys has grown to become a $49.16 billion company in terms of market capitalization. It is also listed on Forbes Asia’s 200 Best Over A Billion 2019, with annual revenue of $11.8 billion.
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