Company: INFY
Filing Date: 2025-07-01
Form Type: 20-F
Source: 0000950170-25-091925
Chunk: 278

Company: Infosys Ltd
Filing Date: 2025-07-01
Form: 20-F
Item: Item 18
Chunk 278
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 capital in nature, payments made to Associated Enterprises held as liable for withholding of taxes, among others. These matters are pending before various Income Tax Authorities and the Management including its tax advisors expect that its position will likely be upheld on ultimate resolution and will not have a material adverse effect on the Group's financial position and results of operations.

2.19 Reconciliation of basic and diluted shares used in computing earnings per equity share
Accounting policy

Basic earnings per equity share is computed by dividing the net profit attributable to the equity holders of the Group by the weighted average number of equity shares outstanding during the period. Diluted earnings per equity share is computed by dividing the net profit attributable to the equity holders of the Group by the weighted average number of equity shares considered for deriving basic earnings per equity share and also the weighted average number of equity shares that could have been issued upon conversion of all dilutive potential equity shares. The dilutive potential equity shares are adjusted for the proceeds receivable had the equity shares been actually issued at fair value (i.e., the average market value of the outstanding equity shares). Dilutive potential equity shares are deemed converted as at the beginning of the period, unless issued at a later date. Dilutive potential equity shares are determined independently for each period presented.

The number of equity shares and potentially dilutive equity shares are adjusted retrospectively for all periods presented for any share splits and bonus shares issues including for changes effected prior to the approval of the financial statements by the Board of Directors.

The following is the computation of basic earnings per equity share

                                                                                                                                                             Year ended March 31,
                                                                                             2025                          2024                           2023                   
Profit attributable to equity holders of the Company (Dollars in millions)                                    3,158                          3,167                          2,981
Basic earnings per equity share - weighted average number of equity shares outstanding (1)            4,141,611,738                  4,138,568,090                  4,180,897,857
Basic earnings per equity share ($)                                                                            0.76                           0.77                           0.71

The following is a reconciliation of the equity shares used in the computation of basic and diluted earnings per equity share:

 

                                                                                                                                                                                      Year ended March 31,
                                                                                                                                                        2025                   2024                   2023
Profit attributable to equity holders of the Company (Dollars in millions)                                                                             3,158                  3,167                  2,981
Weighted average number of