Infosys announces Rs 21/share interim dividend, fixes October 29 as record date. Check details
Infosys, along with its second-quarter results, has announced an interim dividend of Rs 21 per share for its eligible shareholders and has fixed October 29 as the record date for the purpose.
The company has also announced November 9 as the payout date for the dividend.
“The Board of Directors of the Company at their meeting held on October 16 and 17, 2024 transacted the following items of business: Declared an interim dividend of ₹ 21/- per equity share, fixed October 29, 2024 as a record date and November 8, 2024 as a payout date,” said the company in a filing to the exchanges.
The company posted a profit after tax of Rs 6,506 crore for the second quarter ended September 2024, which is up by 5% YoY. The same stood at Rs 6,212 crore a year ago. This is below the Street estimates of Rs 6,700 crore.
Additionally, the revenue from operations stands at Rs 40,986 crore, which is marginally higher from the Street estimates of Rs 40,890 crore.
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