Infosys Q2 key takeaways: From profit to Salil Parekh quotes, all details here in brief
Salil Parekh, CEO and MD said, This is a testimony to our strong client relationships, digital led full service capabilities, and intense focus on the needs of our clients. He added, Large deal wins at over $2 billion during the quarter demonstrate our increased client relevance.
Infosys, the second largest IT player by revenue in India, reported its second quarter results today, with a rise in consolidated net profit at 10.3% year-on-year to Rs 4,110 crore. The company's revenue is up 17.3% at Rs 20,609 crore. Infy has declared interim dividend of Rs 7 per share. The digital revenue is at $905 million (31.0% of total revenues), year-on-year growth of 33.5% and sequential growth of 13.5% in constant currency terms.
Salil Parekh, CEO and MD said, “This is a testimony to our strong client relationships, digital led full service capabilities, and intense focus on the needs of our clients”. He added, “Large deal wins at over $2 billion during the quarter demonstrate our increased client relevance.”
Infosys COO, U B Pravin Rao, said, “Our Digital services grew double digits sequentially, while growth in top clients was also robust."
MD Ranganath, CFO, said, "We will continue to make strategic investments in digital to leverage opportunities and at the same time keep sharp focus on key operational efficiency parameters".
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