Q4 Results: Tata Elxsi Profit Down 14%; Infosys ADR Slips After Weak Guidance
HDFC Asset Management and Infosys have announced dividends for shareholders, besides sharing their Q4 results.
KEY HIGHLIGHTS
Q4 Results Live: Jio Financial Services Profit Up
Jio Finance Q4FY25 Highlights (Consolidated, YoY)
Revenue up 17.9% to Rs 493 crore versus Rs 418 crore.
Net Profit up 1.8% to Rs 316 crore versus Rs 310 crore.
Infosys Q4 Results Live: ADR Down
The American Depositary Receipts of Infosys sank 2.5% to trade at $16.16 in New York on Thursday after the company missed its revenue guidance for the year gone by and projected slower sales for the current year.
Infosys missed its full-year guidance after it hiked forecast in Q3 from 3.75-4.5% for FY25 to 4.5-5%. The actual revenue growth figure for the financial year 2024-25 stands at 4.2%.
Chief Financial Officer Jayesh Sanghrajka explained that two-third of this decline was on the back of lower third party cost and revenue.
Q4 Results Live: Tata Elxsi Dividend Announcement
Tata Elxsi board has recommended a dividend of Rs 75 per equity share, for the financial year 2024-25.
Q4 Results Live: Tata Elxsi Profit Down
Tata Elxi Q4 Highlights (Consolidated, QoQ)
Revenue down 3.3% to Rs 908 crore versus Rs 939 crore
Net profit down 14% to Rs 172 crore versus Rs 199 crore
Ebitda down 16% to Rs 207.3 crore versus Rs 246.6 crore
Margin at 22.8% versus 26.3%
Infosys Q4 Results Live: CFO Explains Miss On Guidance In FY25
Infosys missed their full-year guidance after it hiked forecast in Q3 from 3.75-4.5% for FY25 to 4.5-5%. The actual revenue growth figure for the years stands at 4.2%.
CFO Jayesh Sanghrajka explained that two-third of the decline was on back of lower third party cost and revenue and given that the fourth quarter is a seasonally weak one.
