Infosys Limited (INFY)

Infosys Income Statement

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

Year Ending	TTM	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	18,562	18,562	18,212	16,311	13,561	12,780
Revenue Growth (YoY)	1.92%	1.92%	11.65%	20.28%	6.11%	8.31%
Cost of Revenue	12,975	12,975	12,709	10,996	8,828	8,552
Gross Profit	5,587	5,587	5,503	5,315	4,733	4,228
Selling, General & Admin	1,753	1,753	1,678	1,560	1,408	1,504
Operating Expenses	1,753	1,753	1,678	1,560	1,408	1,504
Operating Income	3,834	3,834	3,825	3,755	3,325	2,724
Interest Expense / Income	56	56	35	27	26	24
Other Expense / Income	-566	-566	-333	-303	-287	-388
Pretax Income	4,344	4,344	4,123	4,031	3,586	3,088
Income Tax	1,177	1,177	1,142	1,068	973	757
Net Income	3,167	3,167	2,981	2,963	2,613	2,331
Net Income Growth	6.24%	6.24%	0.61%	13.39%	12.10%	6.00%
Shares Outstanding (Basic)	4,139	4,139	4,181	4,210	4,242	4,258
Shares Outstanding (Diluted)	4,145	4,145	4,188	4,219	4,251	4,265
Shares Change	-1.03%	-1.03%	-0.73%	-0.76%	-0.34%	-2.03%
EPS (Basic)	0.77	0.77	0.71	0.70	0.62	0.55
EPS (Diluted)	0.76	0.76	0.71	0.70	0.61	0.55
EPS Growth	7.04%	7.04%	1.43%	14.75%	10.91%	7.84%
Free Cash Flow	2,882	2,882	2,534	3,055	2,973	2,146
Free Cash Flow Per Share	0.70	0.70	0.61	0.73	0.70	0.50
Dividend Per Share	0.430	0.430	0.411	0.400	0.290	0.253
Dividend Growth	4.62%	4.62%	2.75%	37.93%	14.62%	-34.11%
Gross Margin	30.10%	30.10%	30.22%	32.59%	34.90%	33.08%
Operating Margin	20.66%	20.66%	21.00%	23.02%	24.52%	21.31%
Profit Margin	17.06%	17.06%	16.37%	18.17%	19.27%	18.24%
Free Cash Flow Margin	15.53%	15.53%	13.91%	18.73%	21.92%	16.79%
Effective Tax Rate	27.09%	27.09%	27.70%	26.49%	27.13%	24.51%
EBITDA	4,965	4,965	4,682	4,524	4,053	3,519
EBITDA Margin	26.75%	26.75%	25.71%	27.74%	29.89%	27.54%
Depreciation & Amortization	565	565	524	466	441	407
EBIT	4,400	4,400	4,158	4,058	3,612	3,112
EBIT Margin	23.70%	23.70%	22.83%	24.88%	26.64%	24.35%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).