Infosys Hands Out Average Bonus Payout Of 65% For March Quarter
According to a source, Infosys has rolled out an average bonus payout of 65% for Q4 FY25, considering the "macroeconomic factors".
India's second-largest IT services company Infosys has rolled out a bonus payout averaging 65% for Q4 FY25, according to sources.
An email sent to Infosys did not elicit a response.
According to a source, Infosys has rolled out an average bonus payout of 65% for Q4 FY25, considering the "macroeconomic factors".
The source, however, pointed out that this is an average and that top performers will be given a higher payout.
Infosys had posted an 11.7% decline in consolidated net profit to Rs 7,033 crore for the March quarter. The profit (attributable to owners of the company) was at Rs 7,969 crore in the year-ago period.The company has guided for a revenue growth of 0-3% in constant currency terms in the current fiscal year.
Revenues for the quarter under review came in at Rs 40,925 crore, 7.9% higher from Rs 37,923 crore in Q4 FY24.
Sequentially, the company's profits rose 3.3%, but revenues declined 2%.
For the full year FY25, profits saw an increase of 1.8% to Rs 26,713 crore, while revenue climbed six per cent to reach Rs 1,62,990 crore.
