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TCS Recognized as a Leader in Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing
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EXL Reports 2022 Second Quarter Results
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- FY 23 Revenue guidance increased to 14%-16%. - Margin guidance retained at 21%-23% BENGALURU, India, July 25, 2022 /PRNewswire/ Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered a robust performance in Q1 with year-on-year growth at 21.4% and sequential growth at 5.5% in constant currency. Year on year growth was in double digits across all business segments in constant currency terms. Digital accounted for 61.0% of overall revenues, growing at 37.5% in constant currency. Net hiring was strong at 21,171. Operating margin for the quarter was 20.0%, with Free Cash Flow conversion at 95.2% of net profit. "Our strong overall performance in Q1 amidst an uncertain economic environment is a testament to our innate resilience as an organization, our industry-leading digital capabilities and continued client-relevance. We continue to gain market share and see a significant pipeline driven by our Cobalt cloud capa
EXL named a Leader in 2022 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing
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