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Harshita Tyagi
Updated Oct 13, 2021 | 17:20 IST
Infosys Q2 earnings: Net profit jumps 4.4% to Rs 5,421 crore; company to pay Rs 15 dividend
Infosys Q2 earnings: Net profit jumps 4.4% to Rs 5,421 crore, company to pay Rs 15 dividend 
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The net profit marks an increase of 11.9 per cent YoY and 4.4 per cent compared to Rs 5,195 crore in June quarter, on the back of strong revenue contribution from Daimler deal, higher adoption of digital transformation by clients, broad-based growth across verticals, and strong seasonality.,best gambling sites

free bet sign up no deposit football,The company has revised the revenue guidance for FY22 to 16.5%-17.5% but retained margin guidance at 22%-24%. Infosys scrip rose 1.43% on Wednesday to settle at Rs 1,709.20 on NSE. Since the start of 2021, Infosys shares have gained 35.04%.

bet 365.com cricket telugu,The company’s board also approved an interim dividend of Rs 15 per share at their meeting. “Our stellar performance and robust growth outlook continue to demonstrate our strategic focus and the strength of our digital offerings,” said Salil Parekh, chief executive officer at Infosys in a press statement.

Parekh said that the continued momentum in the business has given Infosys the confidence to raise its guidance for growth in revenues in 2021-22 to 16.5-17.5 per cent from 14-16 per cent earlier.,football betfair tips

getafe fc,The company also registered deal wins worth .15 billion in the reported quarter as it continued to see strong client spending on digital transformation. On the operating front, the company saw a 10 basis points sequential decline in consolidated operating margin to 23.6 per cent, which was still within Infosys' guided band.

cycling lab,“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,” said Nilanjan Roy, chief financial officer at Infosys.

The company is expanding its college graduates hiring program. “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. 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.,soccer nike

“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. We have equipped employees with the resources they need to be productive, cyber secure, stay connected, and maintain a work-life balance. Our talent strategy also factors in expanded hiring pools that include new communities and work locations”, he added.,cricket bhav

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