Infosys Q1FY23 Results: PAT fall 5.7% to ₹5,360 Cr QOQ, Cash Flow declined by 11.49% to ₹5,106 Cr

Operating margin at 20.1%, decline of 3.6% YoY and decline of 1.4% QOQ Basic EPS at 12.78, growth of 4.4% YoY FCF at ₹5,106 crore; FCF conversion at 95.2% of net profit Cash Flow declined by 11.49% to ₹5,106 Cr delivered a robust performance in Q1 with year-on-year growth at 21.4% and sequential growth at 5.5% in constant currency

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Infosys is a NYSE listed global consulting and IT services company with more than 310k employees. From a capital of US$250, it has grown to become a US$ 16.31 billion (FY22 revenues) company with a market capitalization of approximately US$ 104.71 billion.

The company has posted its Q1FY23 financial results today, the details are as below :

(I) Audited Consolidated Financial Results for Quarter Ended (QOQ comparison):

The company has reported, a consolidated Total Income of ₹35,146 crore in the quarter ended on June 30, 2022 as against ₹32,913 crore in the last quarter ended on Mar 31, 2022, increased by 6.76%.

The company has posted a consolidated Net Profit of ₹5,360 crore in the quarter ended on March 31, 2022 as against ₹5,686 crore in the previous quarter ended on June 30, 2022. The PAT surges down by 5.74%.

The status of the EPS of the company stood at ₹12.76 as on March 31, 2022 compared to the previous quarter ended on June, 2022 which was ₹13.54, down by 5.76%.

₹*June 30, 2022 (Q1FY23)Mar 31, 2022 (Q4FY22)
Total Income35,14632,913
Total Expenses2761225370
PBT /(Loss)75347543
Total Tax /(credit)21721848
PAT /(Loss) [to the owners]5,3605,686
*figures are in Crores

(II) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹35,146 crore in the financial year ended on June 30, 2022 as against ₹28,518 crore for the same quarter ended on last year June 30, 2021 that increased by 23.24%.

The company has posted a consolidated Net Profit of ₹5,360 crore in the financial year ended on June 30, 2022 as against ₹5,195 crore for the same quarter ended on last year June 30, 2021. The PAT surges up by 3.18%.

The status of the EPS of the company stood at ₹12.76 as on June 30, 2022 compared to the quarter ended on last year June 30, 2021 which was ₹12.21, up by 4.50%.

₹*June 30, 2022 (Q1FY23)June 31, 2022 (Q1FY22)
Total Income35,14628,518
Total Expenses2761221342
PBT /(Loss)75347176
Total Tax /(credit)21721975
PAT /(Loss) [to the owners]5,3605,195
*figures are in Crores
Infosys Q1FY23 Results 2022

(III) Key Highlights about the Performance :

  • Digital revenues at 61.0% of total revenues, YoY CC growth of 37.5%
  • Operating margin at 20.1%, decline of 3.6% YoY and decline of 1.4% QOQ
  • Basic EPS at 12.78, growth of 4.4% YoY
  • FCF at ₹5,106 crore; FCF conversion at 95.2% of net profit
  • Cash Flow declined by 11.49% to ₹5,106 Cr
  • delivered a robust performance in Q1 with year-on-year growth at 21.4% and sequential growth at 5.5% in constant currency
Infosys cash flow – Q1FY23 Result
Market Times – market news

Shares of Infosys Limited was last trading in BSE at ₹1506.30 as compared to the previous close of ₹1532.85. The total number of shares traded during the day was 235933 in over 10431 trades.

The stocks of Infosys Ltd last hit in BSE,

  • Intraday High of ₹ 1539.80
  • Intraday low of ₹1492.80