Infosys Reports Strong Q3 FY24-25 Sales and Profit Amidst Debtors Turnover Challenges

Infosys, a prominent player in the IT software industry, has released its financial results for the third quarter of FY24-25, showcasing a flat performance. The company has experienced an adjustment in its evaluation, with a revision in its score over the past three months.
In terms of net sales, Infosys achieved its highest quarterly figure in the last five quarters, reaching Rs 41,764.00 crore. This positive trend is mirrored in the operating profit, which also hit a five-quarter high at Rs 10,115.00 crore. The operating profit margin has shown notable enhancement, standing at 24.22%, indicating improved efficiency within the company. Additionally, the profit before tax, excluding other income, reached Rs 8,811.00 crore, marking another peak in the last five quarters.

However, the company faces challenges, particularly with its debtors turnover ratio, which has decreased to 4.91 times, the lowest in the last five half-yearly periods. This suggests a slower pace in settling its debtors. Overall, Infosys continues to demonstrate strong financial performance in several areas, despite some hurdles.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.