WHAT IS FINACLE INFOSYS SOFTWARE
“As software becomes modular and IT infrastructure continues to scale, Daimler will take three simultaneous steps to transform its IT landscape: consolidation, scaling and modernization. Infosys inaugurated its Automotive Digital Technology and Innovation Center in Stuttgart, Germany last quarter, furthering its strategic commitment to drive innovation and IT infrastructure transformation in the automotive sector.With Infosys Equinox, we at Kraft Heinz are well set to offer richer, more personalized, and meaningful experiences to our consumers.” The platform also supports our hyper-personalization initiatives and distills real-time insights for our marketing programs. We are able to launch new brand sites in as little as 3 to 5 days. Eric Nelson, Chief Information Officer North America, The Kraft Heinz Company, said, “Infosys Equinox serves us as a digital hub powering over 250 of our global brand sites, B2B ecommerce and recipe sites, as well as direct-to-consumer (D2C) initiatives. Infosys recently launched Infosys Equinox to help enterprises securely deliver hyper-segmented, personalized omnichannel commerce experiences for B2B and B2C buyers.The Board has announced interim dividend of `15 per share for FY22.
WHAT IS FINACLE INFOSYS FREE
With this, the company has returned ~82% of the free cash flow for FY20 and FY21 through dividends and buyback. Consequently, the share capital of the company has reduced by 1.31%. The company has completed the open market share buyback on September 8 at an average price of ~₹1,649 per share (compared to maximum Buyback Price of ₹1,750 per share). We have executed the capital allocation policy with the successful closure of share buyback and step up in interim dividend to `15 per share”, he added. We will continue to invest in our employees to remain a preferred employer-of-choice and seamlessly fulfill client demand”, said Nilanjan Roy, Chief Financial Officer. “Our operating margins for Q2 were resilient the impact of enhanced employee value proposition initiatives was offset by strong operating parameters, cost optimization and operating leverage. Our talent strategy also factors in expanded hiring pools that include new communities and work locations”, he added. We have equipped employees with the resources they need to be productive, cyber secure, stay connected, and maintain a work-life balance. “With over 86% of Infoscions in India having received at least one dose of ‘vaccination’, we are now preparing to embrace the hybrid work model. Simultaneously, we continue to strengthen employee value proposition including health and wellness measures, reskilling programs, appropriate compensation interventions and enhanced career growth opportunities”, said Pravin Rao, Chief Operating Officer.
WHAT IS FINACLE INFOSYS FULL
“In order to harness the full potential of the market opportunity, we are expanding our college graduates hiring program to ~45,000 for the year. FCF at $1,575 million, YoY growth of 12.3% FCF conversion at 109.5% of net profit Basic EPS at $0.34, growth of 19.0% YoY Operating margin at 23.6%, decline of 0.4% YoY Digital revenues at 55.0% of total revenues, YoY CC growth of 42.2% Reported revenues at $7,780 million, growth of 21.0% YoY FCF at $712 million, YoY growth of 5.6% FCF conversion at 97.1% of net profit Basic EPS at $0.17, growth of 13.0% YoY Operating margin at 23.6%, decline of 1.8% YoY and 0.1% QoQ Digital revenues at 56.1% of total revenues, YoY CC growth of 42.4% Reported revenues at $3,998 million, growth of 20.7% YoY Revenues in CC terms grew by 19.4% YoY and 6.3% QoQ “Given this continued momentum we have further increased our revenue growth guidance to 16.5%-17.5%”, he added. As we witness a strong market opportunity with global enterprises rapidly accelerating their digital journeys, our sustained investments in expanding capabilities, including the differentiated cloud play, Infosys Cobalt™, has uniquely positioned us to continue serving our clients effectively, gain market share and emerge as the preferred cloud and digital transformation partner in the market,” said Salil Parekh, CEO and MD. “Our stellar performance and robust growth outlook continue to demonstrate our strategic focus and the strength of our digital offerings. Operating margin for the quarter was resilient at 23.6%. Large deal momentum continued with TCV of $2.15 billion in Q2. Growth was broad-based across geographies and segments with the largest geography, North America growing at 23.1% and the largest segment, Financial Services growing at 20.5%, YoY in constant currency. 13, 2021 /PRNewswire/ - Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered a strong Q2 performance with YoY growth increasing to 19.4% and sequential growth accelerating to 6.3% in constant currency.