13.1 C
New York
Sunday, October 2, 2022

Buy now

spot_img

Robust Performance; Capitalising On Strong Demand To Sustain Growth: Axis Securities


BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Infosys Ltd.’s deal-wins for FY22 remained strong with 94 large deals totalling $9.5 billion, manifesting the company’s deep client engagement throughout the year.

The company reported industry-leading revenue growth of 21% in FY22. It also reported healthy expansion in its operating margins driven by higher offshoring, efficient utilisation, lower attrition, and superior service mix. 

In view of robust deal wins, the Infosys management has issued guidance of strong revenue growth of 13%-15% (constant currency terms) in FY23.

It has also guided for an operating margin of 21%- 23% in FY23, aided mainly by higher offshoring and a richer service mix.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.





Source link

Related Articles

Stay Connected

0FansLike
3,508FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles