On 12th January 2022, Infosys announced its Quarterly results for financial year 2022. As per the press reports, Infosys has delivered strong Q3 performance with sequential growth of 7.0% and year-on-year growth of 21.5% in constant currency.
Major achievements announced-
- 42.6% YoY CC Digital growth
- 13.1% YoY Increase in EPS (₹ terms) 21.5% YoY 7.0% QoQ CC Revenue growth
- 23.5% Operating margin
- $2.53 bn Large deal signings
Key highlights of Infosys Q2FY22 Quarter Results
For the quarter ended December 31, 2021
• Revenues in CC terms grew by 21.5% YoY and 7.0% QoQ
• Reported revenues at $4,250 million, growth of 20.9% YoY
• Digital revenues at 58.5% of total revenues, YoY CC growth of 42.6%
• Operating margin at 23.5%, decline of 1.9% YoY and 0.1% QoQ
• Basic EPS at $0.18, growth of 11.2% YoY
• FCF at $719 million, YoY decline of 6.9%; FCF conversion at 92.6% of net profit.
“Our strong performance and market share gains are a testament to the enormous confidence our clients have in us to help them in their digital transformation. This stems from four years of sustained strategic focus on areas of relevance for our clients in digital and cloud, continued re-skilling of our people, and deep relationships of trust that our clients have with us. This is reflected in an upgrade in our r evenue guidance to 19.5%-20.0% for FY22. We expect the healthy technology spend to continue with large enterprises progressing on their digital transformations”, said Salil Parekh, CEO and MD. “I am immensely proud of the relentless commitment of our employees during these challenging times and grateful for their extraordinary efforts in delivering success for our clients”, he added.
Leave a Reply