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Infosys: Industry leading FY23 revenue growth of 15.4% with healthy 21.0% operating margins

Revenue growth guidance of 4%-7% and operating margin guidance of 20%-22% for FY24 BENGALURU, India, April 13, 2023 /PRNewswire/ Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%. Growth was broad-based across industry verticals and geographical regions. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency. Q4 year on year growth was 8.8% and sequential decline was 3.2% in constant currency terms. Operating margin for the quarter was 21.0%. Free cash flow conversion was 95.7% for Q4. Continuing the recent trend, attrition declined further in Q4. "Our strong performance in FY23 is a testimony to the continued focus on digital, cloud and automation capabilities which resonated with our clients. We have launched exciting programs with our clients leveraging gene ....

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Infosys: Digital Differentiation and Large Deal Momentum Drive Industry-leading Growth in FY21

Infosys: Digital Differentiation and Large Deal Momentum Drive Industry-leading Growth in FY21
- Double-digit Revenue Growth Guidance of 12%-14% for FY22
- Share Buyback of ?9,200 Crore ($1.23 bn) and Final Dividend of ?6,400 Crore ($0.85 bn) Announced
BENGALURU, India, April 14, 2021 /PRNewswire/ Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered strong FY21 performance with 5.0% CC growth, and growth accelerating to 9.6% in Q4 - in the face of a turbulent economic environment. Large deal TCV for FY21 peaked to an all-time high of $14.1 billion with 66% being net new. Operating margin for the year expanded by 3.2% and Free Cash Flows increased by 38.5%. The Board has recommended capital return of ?15,600 crore (app. $2.08 billion) including final dividend of ?6,400 crore (app. $0.85 billion) and open market buyback of shares of ?9,200 crore (app. $1.23 billion). ....

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