Infosys Limited
REVENUE GROWTH: 3.1%
Revenue growth: 3.1% QoQ, 3.3% YoY in constant currency
OPERATING MARGIN: 21.1%
Operating margin: 21.1%
FINANCIAL SERVICES GROWTH:
Financial Services growth: 2% QoQ
MANUFACTURING GROWTH: DOUBLE
Manufacturing growth: double digits QoQ
stockrabit simplifies the management commentary to help you better understand the industry and sentiments
Financial Performance
Our revenue grew 3.1% quarter-on-quarter and 3.3% year-on-year in constant currency terms.
This growth reflects a strong performance in Q2, indicating resilience in the company's revenue generation despite market challenges.
Our operating margin for Q2 was 21.1%.
The stable operating margin suggests effective cost management and operational efficiency amidst changing market conditions.
Business Operations
Financial services grew at 2%, Manufacturing double digit, Energy, utilities and services at 5.8% - all quarter-on-quarter.
This diverse growth across sectors highlights the company's ability to adapt and thrive in various market segments.
Growth Initiatives
We are deepening our work in generative AI.
This focus on generative AI indicates a strategic pivot towards innovation and technology leadership, positioning Infosys for future growth.
Market Dynamics
We have seen slowness in the automotive sector in Europe.
This observation reflects the challenges faced in specific industries, which may impact overall performance and strategy.
Future Outlook
We have revised our revenue growth guidance for financial year '25. The new guidance is 3.75% to 4.5% growth in constant currency for the full year.
This upward revision in guidance reflects management's confidence in the company's growth trajectory and ability to navigate market conditions.