Company: INFY
Filing Date: 2025-07-01
Form Type: 20-F
Source: 0000950170-25-091925
Chunk: 268

Company: Infosys Ltd
Filing Date: 2025-07-01
Form: 20-F
Item: Item 18
Chunk 268
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 recognized those past transactions or events that generated distributable profits.

The Company declares and pays dividends in Indian rupees. Companies are required to pay/distribute dividend after deducting applicable taxes. The remittance of dividends outside India is governed by Indian law on foreign exchange and is also subject to withholding tax at applicable rates.

The following table provides details of per share dividend recognized during fiscal 2025, 2024 and 2023:

                                         Fiscal 2025     Fiscal 2024     Fiscal 2023
Dividend per Equity Share (₹)                                                       
Interim dividend(2)                            21.00           18.00           16.50
Final dividend(3)                              20.00           17.50           16.00
Special dividend(3)                             8.00               -               -
Dividend per Equity Share/ADS ($)(1)                                                
Interim dividend(2)                             0.25            0.22            0.20
Final dividend(3)                               0.24            0.21            0.21
Special dividend(3)                             0.10               -               -

(1)Converted at the monthly exchange rate in the month of declaration of dividend
(2)Represents interim dividend for the respective fiscal year
(3)Represents final dividend and special dividend for the preceding fiscal year

During the year ended March 31, 2025, on account of the final and special dividend for fiscal 2024 and interim dividend for fiscal 2025, the Company has incurred a net cash outflow of approximately $2,416 million (excluding dividend paid on treasury shares). The payouts for dividend during fiscal 2024 and fiscal 2023 were $1,777 million and $1,697 million (excluding dividend paid on treasury shares), respectively.

The Board of Directors in their meeting held on April 17, 2025 recommended a final dividend of ₹22/- per equity share (approximately $0.26 per equity share) for the financial year ended March 31, 2025. The dividend was subject to the approval of shareholders in the AGM of the Company and was subsequently approved by the shareholders at the AGM of the Company held on June 25, 2025 and would result in a net cash outflow of approximately $1,066 million (excluding dividend on treasury shares).

2.16 Other income, net

Accounting policy

Other income is comprised primarily of interest income