Infosys, India’s second-largest IT company, saw its American Depository Receipt (ADR) shares fall over 4% on the New York Stock Exchange (NYSE) after the U.S. markets opened on Thursday, April 17. The share price dropped to $15.68, down from $16.58 at the previous closing.
The fall came after Infosys announced a drop in its net profit for the January-March quarter (Q4). By 12:36 p.m. (EDT), Infosys ADR shares had recovered a bit, trading 1.96% lower at $16.25.
What Are ADRs?
ADRs (American Depository Receipts) are a way for foreign companies like Infosys to trade their shares on U.S. stock exchanges.
Infosys Q4 Results
Infosys shared its financial results for the January-March quarter of FY 2024-25 on April 17. The company’s net profit fell by 11.75% to ₹7,033 crore compared to ₹7,969 crore in the same quarter last year.
However, the company’s revenue rose by 8% year-on-year to ₹40,925 crore, up from ₹37,923 crore in the same period last year.
Despite the profit drop, Infosys CEO and MD Salil Parekh said, “Our overall performance for the year has been strong, with good revenue growth, better profit margins, and our highest-ever free cash flow.”
Final Dividend Announcement
Infosys also declared a final dividend of ₹22 per share for the financial year ending March 31, 2025. Shareholders who own Infosys shares by the record date of May 30, 2025, will receive the dividend on June 30, 2025.
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Lower Revenue Forecast for FY 2025-26
Infosys has reduced its revenue growth outlook for the next financial year (2025-26) to 0–3%, down from its earlier forecast of 4.5–5% for FY 2024-25. The company said this is due to global economic uncertainty and the impact of potential new trade tariffs in the U.S.
