New Delhi: Infosys on Wednesday posted a 12 per cent year-on-year increase in consolidated net profit for the March quarter at Rs 5,686 crore. It posted net profit (after minority interest) of Rs 5,686 crore in the just-ended quarter, as against Rs 5,076 crore in Q4 FY21. The Q4 scorecard translates into a 12 per cent year-on-year growth in net profit, although the numbers on a sequential basis are 2 per cent lower than the December quarter.

Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in Q4 FY22, from Rs 26,311 crore in the year-ago period. The IT services giant has pegged revenue growth outlook at 13-15 per cent for full year FY23. At the start of FY22, Infosys had projected that full year revenue will grow 12-14 per cent in constant currency terms. During the year, the company upped its outlook a few notches and in January this year it increased its revenue growth guidance for FY22 to 19.5 - 20 per cent.

For full year FY22, Infosys' net profit was up 14.3 per cent to Rs 22,110 crore, as revenue rose by 21 per cent to Rs 1,21,641 crore compared to the previous fiscal. The board has proposed a final dividend of Rs 16 per share, taking the total dividend for FY22 to Rs 31 per share, an increase of 14.8 per cent over the prior year. With this, the company has announced a total dividend of about Rs 13,000 crore for FY22. /BI/