Narayana Murthy's Family Wealth Declines by ₹1,850 Crore as Infosys Shares Slide 6%

Narayana Murthy’s Family Wealth Declines by ₹1,850 Crore as Infosys Shares Slide 6%

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Mumbai: Infosys co-founder Narayana Murthy’s family wealth took a significant hit of ₹1,850 crore following a steep 5.77% drop in the company’s share price on Friday. The decline reduced the Murthy family’s stake valuation in Infosys to ₹30,300 crore, down from ₹32,152 crore just a day prior.

Murthy Family in Infosys Share

The Murthy family collectively owns a 4.02% stake in Infosys, India’s second-largest IT services firm. Narayana Murthy has a 0.40% stake, while his wife Sudha Murty holds 0.92%. Their son, Rohan Murty, owns the largest share among them at 1.62%, followed by daughter Akshata Murty, wife of former UK Prime Minister Rishi Sunak, who holds a 1.04% stake. The family’s youngest stakeholder, Ekagrah Rohan Murthy, owns a 0.04% stake.

Infosys Share Price Update

Infosys ended at a 5.77% below at ₹1,815.10 on BSE after posting the lowest for intraday sale of ₹1,812.70. At NSE the stock posted close at the lowest price during the day when ₹1,817.50 came with -5.75% decline The eroded capital stood at around ₹46,108.13 cr as this saw its market value coming down at ₹7,53,678.38 crore.

The broader market indices also declined due to the slump in Infosys shares. The 30-share BSE Sensex dropped 423.49 points, or 0.55%, to close at 76,619.33. The NSE Nifty also fell by 108.60 points, or 0.47%, to 23,203.20. The BSE IT index also declined 2.48% to 41,746.66.

Infosys Q3 Results and Outlook

Despite the slide in the stock, Infosys reported strong financial results for the third quarter of FY 2025. The company’s net profit increased by 11.46% to ₹6,806 crore in the October-December period compared with ₹6,106 crore in the same quarter last year. Revenue grew by 7.6% year-on-year to ₹41,764 crore, driven by higher demand across key sectors.

Infosys has again increased its annual revenue growth forecast for the third time this fiscal year, projecting a growth rate of 4.5-5%, from the earlier guidance of 3.75-4.5%.

Salil Parekh, CEO of Infosys, expressed confidence in the company’s outlook, citing a “clear change in discretionary activity” in financial services, retail, and consumer products. The BFSI segment, which accounts for nearly a third of Infosys’ revenue, saw a 6.1% growth in the quarter, largely fueled by strong demand in the US market.

Market Reaction

According to analysts, the decline in Infosys’ stock price is due to profit-booking and selling pressures despite the firm reporting positive earnings. The decline also flags the wider concerns of the overall IT sector going ahead with global economic uncertainty.

As such, when Infosys navigates all this trouble, it is said that market watchers have a lot of hope for its long-term growth prospects with a strong order book at its disposal and strategic investments in new-age technologies.