Q3 constant currency
revenue growth of 2.6% QoQ; 7.9% YoY
Reported revenues at $
2,218 million; growth of 0.8% QoQ; 5.6% YoY
Operating margins at
26.7%; increase of 60 bps QoQ; 170 bps YoY
Net profit at $ 522
million; growth of 2.2% QoQ; 12.7% YoY
Volume growth of 4.2%
QoQ (best in 3 years); 11.0% YoY
FY 15 revenue guidance
maintained 7%-9% at Sep 30th exchange rates
Other Highlights
- ·Infosys and its subsidiaries added 59 clients (gross) during the quarter.
- ·Gross addition of 13,154 employees during the quarter.
- 169,638 employees as on December 31, 2014 at Infosys and its
- subsidiaries.
- Highest utilization (excluding trainees) in 11 years
- Best volume growth in 3 years
- Made 100% variable payout for Q3
results in Q3. Our “renew and new” strategy, is being received
well by our clients and our ecosystem and we are already seeing its early
adoption”, said Dr. Vishal Sikka, CEO and Managing
Director. “Based on our strong performance,
we are intensifying our efforts to deepen employee
engagement, client ecosystem and strengthen our foundation of education as we build a next-generation services company that
innovates for consistent profitable
growth.”
“During the quarter, we saw broad-based
volume growth, increased utilization and strong client additions”, said U. B. Pravin Rao, Chief Operating
Officer. “We have made 100% variable payout for Q3 and have seen a further
decline in attrition as a result of multiple initiatives taken over the last
few quarters.”
“Our
sequential revenue growth in Q3 was adversely impacted to the extent of 1.8%
due to USD appreciation against other major currencies”, said Rajiv Bansal, Chief Financial Officer. “We made required
investments keeping in mind short-term priorities and long-term aspirations”
Comments
Post a Comment