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Infosys Board To Meet for Q2 Results; Interim Dividend To Be Considered

The Board of Directors of Infosys Limited, will meet on the 12th and 13th of October to consider the Q2 results and deliberate on the declaration of interim dividends.

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Infosys Limited, in a regulatory filing on Monday announced that a meeting of the Board of Directors of the firm will take place on October 12 and 13, 2021 to consider the results of second quarter of FY 2021-22. It was also mentioned that the board will deliberate on the declaration of interim dividends during the same meeting.

 

It is also expected that the board will approve and take on record the audited consolidated financial results, standalone financial results and audited financial statements of the firm and its subsidiaries as per Indian Accounting Standards (INDAS) for the second quarter and half year ending September 30, 2021.

 

The company noted, "The financial results and proposal for interim dividend, if any, will be presented to the Board of Directors on October 13, 2021 for their approval."

In line with SEBI regulations, the trading window for the earnings release of the quarter ending September 30, 2021 will be closed from September 16, 2021 and will re-open on October 19, 2021.

Company secretary AGS Manikantha reportedly said that the investor and analyst call will be held on October 13, 2021 to discuss the financial results for Q2 of FY 2021.

Earlier on July 15, the software services provider leader, Infosys had reported a 2.3 per cent sequential rise in consolidated net profit. The firm's consolidated revenue from operations climbed 6 per cent sequentially to Rs 27,896 crore in Q1 of FY 2021-22. With Q1 as an indicator, second quarter is expected to continue benefitting from the corporate digital transformation wave and the demand for IT services throughout the globe.


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