'
Infosys hosted a conference call on July 23, 2024. In the conference
call the company was represented by Mr Salil Parikh CEO & MD and Mr Jayesh Sanghrajka-CFO.
Key takeaways of the call
Q1FY2026
Revenue for the
quarter stood at US $ 4941 million up 2.6% sequentially (including 0.4% from
acquisition) and 3.8% yoy in constant currency term.
Sequential
revenue growth was achieved despite a significant reduction in third-party
costs by 60 bps to 7.3% of revenue. Sequential growth was once again driven by
increase in realisation coupled with progress in the project Maximus.
Growth was
broad-based, with the company’s large five industry groups and its large
geographies growing yoy in cc terms.
The main drivers
of the growth were the company’s leadership in enterprise AI and the company’s continued
success in clients selecting it for consolidation.
Vertic...
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