Highlights:-
- Infosys consolidated net profit for first quarter up 21.6 per cent year-on-year to Rs 2,886 crore.
- Consolidated income from operations at Rs 12,770 crore vs expectations of Rs 12,817 crore .
- Infosys gives rupee revenue guidance of 5.6-7.6 per cent for FY'15.
- Infosys consolidated revenue up 13.3 per cent to Rs 12,770 crore in Apr-Jun quarter.
- INR: Q1 revenues at Rs. 12,770 cr, QoQ decline of 0.8% and YoY growth of 13.3%
- India seg down 6.9%, Europe seg down 1.1%, N.America seg up 3.7% (QoQ). EBIT margin @ 25.1%, Attrition @ 19.5% vs. 18.7%.
- Sensex opens 0.04% lower at 25,362; #Infosys rises 3% after Q1 profit beats expectations
- Infosys consolidated net profit for Q1 at Rs 2,886 crore, up 21.6% YOY
- Infosys shares rise nearly 10% in pre-open trade as Q1 earnings beat estimates.
- Net profit at Rs. 2,886 cr; QoQ decline of 3.5% and YoY growth of 21.6%
- Volume growth was 2.9%; blended pricing declined by 0.4%
- 161,284 employees as of June 30, 2014; LTM attrition at 19.5%
- 61 new clients added; client count - 910.
- Utilization including trainees at 74.8%; utilization excluding trainees at 80.1%
- North America grew 3.7%; Manufacturing grew 2.5%; RCL grew 2.0% (all in constant currency)
- Revenues expected to grow 7% - 9% in USD terms in FY15
Infosys latest financial numbers show it's turnaround a work in progress. Revenue growth forecast at 7-9% lower than Nasscom #infosys
— pankaj mishra (@pankajontech) July 11, 2014
