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Friday, April 12, 2019

Infosys: Second Consecutive Quarter of Double Digit Growth in Constant Currency

"We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of our digital portfolio, large deal wins, and client metrics. This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and long-standing client relationships," said Salil Parekh, CEO and MD. "Our planned investments have started yielding benefits. As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business."

41.1% YoY 
33.8% FY 
Digital CC growth 

11.7% YoY 
9.0% FY 
CC growth 

21.5% Q4 
22.8% FY 
Operating margin 

2.1% CC 
2.4% Reported 
QoQ growth 

$1.57Bn Q4 
$6.28Bn FY 
Large deal signings

FY 19 revenues grew by 7.9% in USD; 9.0% in constant currency

FY 19 operating margin at 22.8%

Q4 19 revenues grew year-on-year by 9.1% in USD; 11.7% in constant currency

Q4 19 revenues grew sequentially by 2.4% in USD; 2.1% in constant currency

Q4 19 Digital revenues at $1,035 million (33.8% of total revenues), year-on-year growth of 41.1% and sequential growth of 9.7% in constant currency

Announces final dividend of INR 10.50 per share

FY 20 revenue guidance in the range of 7.5%-9.5% in constant currency

FY 20 Operating margin guidance in the range of 21%-23%

1.  Financial Highlights -Consolidated results under International Financial Reporting Standards (IFRS)

For the Quarter ended March 31, 2019

Revenues were $3,060 million, growth of 9.1% YoY and 2.4% QoQ 

Operating profit was $658 million, decline of 5.1% YoY and 2.6% QoQ# 

Basic EPS was $0.13, growth of 1.6% YoY and 15.5% QoQ

For the Year ended March 31, 2019

Revenues were $11,799 million, growth of 7.9% YoY 

Operating profit was $2,696 million, growth of 1.4% YoY 

Basic EPS was $0.51, decline of 8.2% YoY 

To view the rest of the results, please visit https://www.prnewswire.com/news-releases/infosys-second-consecutive-quarter-of-double-digit-growth-in-constant-currency-300831323.html

To view the original press release, please click here.

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