Narayan Murthy's 17-month-old grandson earns ₹3.3 crore from Infosys dividend; daughter Akshata to get ₹85.7 crore

Infosys announced a 22 final dividend, benefiting both shareholders and the promoter group. Ekagrah Rohan Murty, the grandson of co-founder NR Narayana Murthy, will receive 3.3 crore from this dividend.

Saloni Goel
Updated17 Apr 2025, 06:53 PM IST
Narayan Murthy's 17-month-old grandson earns  <span class='webrupee'>₹</span>3.3 crore from Infosys dividend; daughter Akshata to get  <span class='webrupee'>₹</span>85.7 crore
Narayan Murthy's 17-month-old grandson earns ₹3.3 crore from Infosys dividend; daughter Akshata to get ₹85.7 crore

Infosys dividend: Not just Infosys shareholders but members of the promoter group stand to benefit from the 22 final dividend announced by the IT major on Thursday, April 16, along with its financial quarter results for the March quarter.

Ekagrah Rohan Murty, the 17-month-old grandson of Infosys co-founder NR Narayana Murthy, stands to earn a windfall of 3.3 crore from Infosys' dividend announcement. Ekagrah Rohan Murty holds 15,00,000 shares of Infosys, representing a 0.04% stake.

Also Read | Infosys dividend: IT major announces final dividend of ₹22. Check record date

These shares were gifted by Narayana Murthy to his grandson when he was four months old. Ekagrah, born to Narayana Murthy and Sudha Murty’s son Rohan Murthy and his wife Aparna Krishnan, is one of India's youngest billionaires. At the time of the transfer in March 2024, the stake was worth 240 crore.

Meanwhile, Narayana Murthy's daughter Akshata Murthy, who owns 3.89 lakh shares of the company (representing a 1.04% stake) as of the December 2024 quarter, will earn a whopping 85.71 crore from the Infosys dividend announcement.

Narayana Murthy himself stands to earn 33.3 crore, while his wife Sudha Murthy will gain 76 crore.

Also Read | Infosys Q4 Result: 5 key highlights of March quarter earnings

Infosys has fixed May 30 as the record date for determining the shareholders eligible to receive the said dividend. Meanwhile, the dividend will be paid on June 30, it said in an exchange filing today, April 17.

Infosys Q4 Results

For the March 2025 quarter, Infosys posted a 12% dip in consolidated profit after tax, even as the revenue witnessed an increase.

The IT major reported an 11.75% year-on-year (YoY) decline in profit in Q4 FY25 to 7,033 crore as against a profit of 7,969 crore posted in Q4 FY24. However, the company's revenue from operations for the quarter under review rose 8% YoY to 40,925 crore from 37,923 crore.

Also Read | Infosys gives ESOPs worth ₹50 crore to CEO Salil Parekh in FY25

"Our performance for the year has been robust in terms of revenues, expansion in operating margins and the highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients”, said Salil Parekh, CEO and MD of Infosys.

Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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First Published:17 Apr 2025, 06:35 PM IST
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