Infosys Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '24 Sep 29, 2024	Mar '24 Mar 30, 2024	Mar '23 Mar 30, 2023	Mar '22 Mar 30, 2022	Mar '21 Mar 30, 2021	Mar '20 Mar 30, 2020	2019 - 2015
Revenue	18,836	18,562	18,212	16,311	13,561	12,780	Upgrade
Revenue Growth (YoY)	1.56%	1.92%	11.65%	20.28%	6.11%	8.31%	Upgrade
Cost of Revenue	13,276	13,096	12,825	10,996	8,953	8,703	Upgrade
Gross Profit	5,560	5,466	5,387	5,315	4,608	4,077	Upgrade
Selling, General & Admin	1,580	1,632	1,561	1,560	1,173	1,353	Upgrade
Operating Expenses	1,580	1,632	1,561	1,560	1,173	1,353	Upgrade
Operating Income	3,980	3,834	3,826	3,755	3,435	2,724	Upgrade
Interest Expense	-54	-56	-35	-27	-26	-24	Upgrade
Interest & Investment Income	515	487	226	221	218	264	Upgrade
Currency Exchange Gain (Loss)	20	23	51	36	28	73	Upgrade
Other Non Operating Income (Expenses)	40	34	40	27	30	26	Upgrade
EBT Excluding Unusual Items	4,501	4,322	4,108	4,012	3,685	3,063	Upgrade
Merger & Restructuring Charges	-81	-	-1	-	-110	-	Upgrade
Gain (Loss) on Sale of Investments	44	34	18	24	21	32	Upgrade
Asset Writedown	-10	-10	-	-	-	-	Upgrade
Pretax Income	4,454	4,346	4,125	4,036	3,596	3,095	Upgrade
Income Tax Expense	1,218	1,177	1,142	1,068	973	757	Upgrade
Earnings From Continuing Operations	3,236	3,169	2,983	2,968	2,623	2,338	Upgrade
Minority Interest in Earnings	-4	-2	-2	-5	-10	-7	Upgrade
Net Income	3,232	3,167	2,981	2,963	2,613	2,331	Upgrade
Net Income to Common	3,232	3,167	2,981	2,963	2,613	2,331	Upgrade
Net Income Growth	7.06%	6.24%	0.61%	13.39%	12.10%	6.00%	Upgrade
Shares Outstanding (Basic)	4,140	4,139	4,181	4,210	4,242	4,258	Upgrade
Shares Outstanding (Diluted)	4,148	4,145	4,188	4,219	4,251	4,265	Upgrade
Shares Change (YoY)	-0.26%	-1.03%	-0.73%	-0.76%	-0.34%	-2.03%	Upgrade
EPS (Basic)	0.78	0.77	0.71	0.70	0.62	0.55	Upgrade
EPS (Diluted)	0.77	0.76	0.71	0.70	0.61	0.55	Upgrade
EPS Growth	5.91%	7.04%	1.43%	14.75%	11.42%	8.23%	Upgrade
Free Cash Flow	3,446	2,882	2,534	3,055	2,973	2,146	Upgrade
Free Cash Flow Per Share	0.83	0.70	0.61	0.72	0.70	0.50	Upgrade
Dividend Per Share	0.490	0.460	0.410	0.410	0.360	0.240	Upgrade
Dividend Growth	13.95%	12.20%	0%	13.89%	50.00%	-4.00%	Upgrade
Gross Margin	29.52%	29.45%	29.58%	32.59%	33.98%	31.90%	Upgrade
Operating Margin	21.13%	20.66%	21.01%	23.02%	25.33%	21.31%	Upgrade
Profit Margin	17.16%	17.06%	16.37%	18.17%	19.27%	18.24%	Upgrade
Free Cash Flow Margin	18.29%	15.53%	13.91%	18.73%	21.92%	16.79%	Upgrade
EBITDA	4,338	4,206	4,203	4,116	3,790	3,053	Upgrade
EBITDA Margin	23.03%	22.66%	23.08%	25.23%	27.95%	23.89%	Upgrade
D&A For EBITDA	358	372	377	361	355	329	Upgrade
EBIT	3,980	3,834	3,826	3,755	3,435	2,724	Upgrade
EBIT Margin	21.13%	20.66%	21.01%	23.02%	25.33%	21.31%	Upgrade
Effective Tax Rate	27.35%	27.08%	27.68%	26.46%	27.06%	24.46%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.