Ecline Of 21 0 Per Cent Yoy Fcf Conversion At 86 6 Net Profit Quot Operating Margins In Q2 Expanded Sequentially By 150 Bps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bengaluru (Karnataka) [India], October 14 (ANI/PRNewswire): Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, reported strong Q2 performance with year-on-year growth at 18.8 per cent and sequential growth at 4.0 per cent in constant currency. Year-on-year growth was in double digits across all business segments in constant currency terms. Digital comprised 61.8 per cent of overall revenues and grew at 31.2 per cent in constant currency. Operating margin for the quarter increased sequentially by 150 bps to 21.5 per cent. Large deal TCV for the quarter was robust at USD 2.7 bn, highest in last 7 quarters. FY 23 revenue guidance is revised to 15 per cent-16 per cent; operating margin guidance is also revised to 21 per cent-22 per cent. Highest large deal TCV of USD 2.7 bn in last 7 quarters; quarterly attrition declined for 3rd quarter in a row. Share buyback of Rs 9,300 crores (USD 1.13 bn) and interim dividend of Rs 6,940 c ....

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