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Akshay Patel

7th Jun 2025 · SEBI-Registered Analyst

Infosys receives closure from GST Intelligence

INFY
announced that the Directorate General of GST Intelligence (DGGI) has closed pre-show cause notice proceedings related to non-payment of Integrated GST for FY18-FY22. The company reported a net profit of ₹7,033 crore for the March quarter, below estimates, with revenue declining 4.2% QoQ in dollar terms and 2% in rupee terms. Shares rose 0.62% to ₹1,564.05.

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