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Infosys: Strong performance with broad based revenue growth in CC of 3.1% sequentially and 3.3% YoY

Newswire.ca - Thu Oct 17, 7:20AM CDT

FY25 revenue guidance revised to 3.75%-4.50%; Margin guidance retained at 20%-22%

BENGALURU, India, Oct. 17, 2024 /CNW/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered broad based growth performance with $4,894 million in Q2 revenues, sequential growth of 3.1% and year on year growth of 3.3% in constant currency. Operating margin for Q2 was at 21.1%. Free cash flow for Q2 was at $839 million, growing 25.2% year on year. TCV of large deal wins was $2.4 billion, 41% being net new.

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