InvestorQ : Has Infosys raised its revenue and margin guidance for the coming quarters?
Niti Shenoi made post

Has Infosys raised its revenue and margin guidance for the coming quarters?

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ishika Banerjee answered.
1 month ago
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You are right that Infosys raised its guidance for total revenues but it has kept its guidance for operating margins static. While announcing the results for the Sep-21 quarter, Infosys raised its revenue growth guidance for FY22 to 16.5-17.5%. that is 150-200 bps higher at the upper end of the guidance band. However, the OPM guidance was held at the range of 22-24% and for the Sep-21 quarter, Infosys reported operating margins of 23.5%.

For Sep-21 quarter, Infosys reported 11.7% growth in net profits at Rs.5,428 crore with the revenues growing by 20% at Rs.29,602 crore. TCV of new orders in the quarter stood at $2.15 billion. The growth of Infosys numbers was broad-based across geographies and verticals. North America revenues grew at 23.1% while revenues of the BFSI vertical grew 20.5%. The attrition continues to be under control in the quarter.

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