14 Oct 2021, 8:24 AM IST14 Oct 2021, 8:24 AM IST14 Oct 2021, 8:24 AM IST14 Oct 2021, 8:24 AM IST
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Infosys Ltd. reported a maturation of 6.3% QoQ changeless currency, up of our estimation of 5.7%, connected the backmost of a wide based performance.
Large woody full declaration worth of $2.15 cardinal was a tad brushed (net caller astatine 37%).
However, Infosys' absorption indicated bully traction successful mean and tiny size deals, and reiterated that the pipeline remains beardown connected robust demand.
Ebit borderline dipped 10 ground constituent QoQ to 23.6%, supra our estimation of 22.3%, contempt the interaction of higher subcontracting expenses and wage hike successful Q2 FY22.
Utilisation (up 70 ground constituent QoQ) and offshore premix (up 50 ground point) remains stretched, contempt beardown hiring successful Q2 FY22.
Click connected the attachment to work the afloat report:
Motilal Oswal Infosys Q2FY22 Result Review.pdf
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