Infosys announces dividend of Rs 10.50 per share

InfosysNSE -0.74 %, country’s second-largest IT major, on Friday recommended a final dividend of Rs 10.50 per share for the financial year ended March 31.

The company reported 10.51 per cent year-on-year rise in consolidated profit at Rs 4,078 crore for March quarter under review against Rs 3,690 crore last year. Bottomline jumped 12.96 per cent on a quarter-on-quarter basis.

Total revenue increased 19.11 per cent YoY to Rs 21,539 crore in Q4FY19 against Rs 18083 crore in Q4FY18.