Infosys’ Q2FY25 Results
Infosys’ revenue grew 3.8% sequentially
- 18 Oct 2024
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- Infosys reported a 3.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a growth of 5.2%.
- Its expenses for the quarter were up by 4.2% QoQ and 5.1% YoY.
- The net profit grew 2.2% QoQ and 4.8% YoY.
- The earnings per share (EPS) of Infosys stood at 15.7 during Q1FY25.
Infosys’ Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 39,626 | 40,153 | 41,698 | 3.8% | 5.2% |
Total expenses | 30,858 | 31,132 | 32,445 | 4.2% | 5.1% |
Profit before tax | 8,768 | 9,021 | 9,253 | 2.6% | 5.5% |
Tax | 2,553 | 2,647 | 2,737 | 3.4% | 7.2% |
Profit after tax | 6,215 | 6,374 | 6,516 | 2.2% | 4.8% |
Earnings per share | 15.0 | 15.4 | 15.7 |
Financials:
For the quarter ended September 30, 2024
- Revenues in CC terms grew by 3.3% YoY and 3.1% QoQ
- Revenues were reported at ₹40,986 crore, a growth of 5.1% YoY
- Operating margin stood at 21.1%, a decline of 0.1% YoY and flat QoQ
- Basic EPS stood at `15.71, registering a growth of 4.7% YoY
- FCF stood at ₹7,010 crore, registering a growth of 26.6% YoY; with FCF conversion standing at 107.6% of net profit
Management Commentary:
Salil Parekh, CEO and MD said:
- We achieved 3.1% QoQ growth in constant currency during Q2.
- Growth was driven by financial services, cloud (Cobalt), and generative AI (Topaz).
- We secured large deals worth $2.4 billion, reflecting a strong market position.
- We are grateful to employees for their dedication and client focus.
Jayesh Sanghrajka, CFO:
- The Focus is on accelerating revenue growth and margin performance.
- Operating margins are at 21.1%, benefiting from value-based pricing and utilisation.
- We achieved over 100% Free Cash Flow conversion.
- Interim dividend is at ₹21 per share, a 16.7% increase from last year.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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