Infosys Q2-2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· The company secured a large deal of ₹64,133 Cr · Attrition fell by 14.6% reflecting employee satisfaction · Revenue grows by 2.3% Q-o-Q · EPS reached ₹15.01, 4.6% Y-o-Y growth

Performance Highlights

· Revenue: ₹ 38,994 Cr · Revenue Growth: 2.5% YoY · Free Cash Flow: ₹ 5,536 Cr

Revenue Growth

Infosys reported Q2 revenues of ₹ 38,994 Cr, marking a year-on-year growth of 2.5% and a sequential growth of 2.3% in constant currency.

Operating Margin

Infosys achieved an operating margin of 21.2% for the quarter, showing a sequential increase of 40 basis points.

Dividend and EPS

· Infosys announced an interim dividend of ₹ 18 per share, a 9.1% increase from the previous year · Basic Earnings Per Share (EPS) reached ₹15.01, showing a healthy 4.6% YoY growth.