Infosys delivered a robust quarter, reporting net profit of ₹7,364 crore, up ~13% year-on-year, with revenues increasing ~9% to ₹44,490 crore. The company declared an interim dividend of ₹23 per share and reaffirmed margin guidance of 20–22%. Weakness in some verticals was offset by strong deal wins, cost discipline, and productivity gains under its Project Maximus initiative. Attrition also eased by 10 bps quarter-on-quarter. Street will closely watch forward guidance and order book growth for full-year sentiment.
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Infosys Q2 profit jumps 13% YoY; revenue rises 9%
Infosys delivered a robust quarter, reporting net profit of ₹7,364 crore, up ~13% year-on-year, with revenues increasing ~9% to ₹44,490 crore. The company declared an interim dividend of ₹23 per share and reaffirmed margin guidance of 20–22%. Weakness in some verticals was offset by strong deal wins, cost discipline, and productivity gains under its Project Maximus initiative. Attrition also eased by 10 bps quarter-on-quarter. Street will closely watch forward guidance and order book growth for full-year sentiment.
Infosys delivered a robust quarter, reporting net profit of ₹7,364 crore, up ~13% year-on-year, with revenues increasing ~9% to ₹44,490 crore. The company declared an interim dividend of ₹23 per share and reaffirmed margin guidance of 20–22%. Weakness in some verticals was offset by strong deal wins, cost discipline, and productivity gains under its Project Maximus initiative. Attrition also eased by 10 bps quarter-on-quarter. Street will closely watch forward guidance and order book growth for full-year sentiment.
Infosys delivered a robust quarter, reporting net profit of ₹7,364 crore, up ~13% year-on-year, with revenues increasing ~9% to ₹44,490 crore. The company declared an interim dividend of ₹23 per share and reaffirmed margin guidance of 20–22%. Weakness in some verticals was offset by strong deal wins, cost discipline, and productivity gains under its Project Maximus initiative. Attrition also eased by 10 bps quarter-on-quarter. Street will closely watch forward guidance and order book growth for full-year sentiment.