Infosys recorded net earnings of Rs 6,924 crore during the April-June period, marking an 8.7 percent annual increase despite quarterly decline of 1.61 percent. The technology services company generated Rs 42,279 crore in revenue, representing 7.5 percent year-over-year growth. Operating expenses climbed to Rs 33,581 crore from the previous quarter's Rs 32,452 crore. Gross profit reached Rs 13,055 crore, surpassing last year's Rs 12,138 crore figure. Management adjusted full-year revenue projections to 1-3 percent growth range.
The firm secured $3.8 billion worth of major contracts, with new customers accounting for 55 percent of these agreements. Financial services division drove performance with 5.6 percent constant currency expansion, while manufacturing posted 12.2 percent gains. Operating margins held steady at 20.8 percent despite minor sequential decline. Employee count reached 323,788 workers, reflecting modest quarterly additions, though voluntary turnover increased to 14.4 percent from previous levels.
The firm secured $3.8 billion worth of major contracts, with new customers accounting for 55 percent of these agreements. Financial services division drove performance with 5.6 percent constant currency expansion, while manufacturing posted 12.2 percent gains. Operating margins held steady at 20.8 percent despite minor sequential decline. Employee count reached 323,788 workers, reflecting modest quarterly additions, though voluntary turnover increased to 14.4 percent from previous levels.
