Highlights:
FY 14 revenue growth doubled to 11.5% in USD terms;
Q4 operating margins expand 50 bps sequentially to 25.5%;
Dividend pay-out ratio increased to 40% of post-tax profits;
FY 15 revenues expected to grow 7%-9% in USD terms
“I am pleased that we have been able to double our growth rate for the full year compared to last year, though performance in the last quarter of FY 14 has been disappointing.” said S. D. Shibulal, CEO and Managing Director. “We have guided for a revenue growth of 7%-9% next year and remain firmly focused on building the growth momentum by making all the necessary investments in our business.”
“Our cash and cash equivalents crossed $5 billion during the quarter. We have increased the dividend payout ratio to up to 40% of post-tax profits effective FY 14 to enhance returns for our shareholders.” said Rajiv Bansal, Chief Financial Officer.
To view an unabridged version of this press release, visit: http://www.infosys.com/investors/reports-filings/quarterly-results/2013-2014/Q4/Documents/IFRS-USD-press-release.pdf
