Infosys: Strong performance with broad based revenue growth in CC of 3.1% sequentially and 3.3% YoY
Infosys: Strong performance with broad based revenue growth in CC of 3.1% sequentially and 3.3% YoY
FY25 REVENUE GUIDANCE REVISED TO 3.75%-4.50%; MARGIN GUIDANCE RETAINED AT 20%-22%
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered broad based growth performance with $4,894 million in Q2 revenues, sequential growth of 3.1% and year on year growth of 3.3% in constant currency. Operating margin for Q2 was at 21.1%. Free cash flow for Q2 was at $839 million, growing 25.2% year on year. TCV of large deal wins was $2.4 billion, 41% being net new.
H1 revenues grew at 2.9% year over year in constant currency. Operating margin for H1 was at 21.1%.
“We had strong growth of 3.1% quarter-on-quarter in constant current in Q2. The growth was broad based with good momentum in financial services. This stems from our strength in industry expertise, market leading capabilities in cloud with Cobalt and generative AI with Topaz, resulting in growing client preference to partner with us”, SAID SALIL PAREKH, CEO AND MD. “Our large deals at $2.4 billion in Q2 reflect our differentiated position. I am grateful to our employees for their unwavering commitment to our client as we further strengthen our market leadership” HE ADDED.
Contact:
Sandeep Mahindroo,+91 80 3980 1018,
Sandeep_Mahindroo@infosys.com ; Media Relations: Rishi Basu,
+91 80 4156 3998,
Rajarshi.Basu@infosys.com; Harini Babu,
+1 469 996 3516,
Harini_Babu@infosys.com
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