Infosys has announced results for Q2 FY22, for the period ending September 30, 2021:
- Revenues were $3,998m, up 20.7% y/y, up 19.4% in CC
- Operating income (EBIT) was $941m, a margin of 23.5%, up 1.8 pts y/y.
Q2 FY22 estimated revenue by geography (with reported and CC y/y growth in US$) was:
- North America $2,476m (+23.1%, +23.1 CC)
- Europe $989m (+22.8%, +19.6% CC)
- India $104m (+4.3%, +4.2% CC
- Rest of World $429m (+18.3%, +4.7 CC).
Q2 FY22 revenue by service type (with reported and CC y/y growth in US$) was:
- Digital $2,243m (+43.0%, +42.3% in CC). Digital accounted for 56.1% of global revenue
- Core $1,755m, (+0.7%, -1.0% in CC)
Q2 FY22 revenue mix by industry (with approx revenue and reported and CC y/y growth in US$) was:
- Financial Services 32.3% ($1,292m, +21.8%, + 20.5% CC)
- Retail 14.6% ($585m, +18.8%, +17.2% CC)
- Communication 12.4% ($495, +18.9%, +16.6% CC)
- EURS 11.8% ($473m, +15.9%, +14.6% CC)
- Manufacturing 10.9% ($435m, +44.0%, +42.5% CC)
- Hi Tech 8.5% ($339m, +12.1%, +12.2% CC)
- Life Sciences 7.1% ($284m, +26.1%, +26.1% CC)
- Others 2.4% ($95m -8.5%, -9.6% CC).
Infosys had 1,714 active clients at the end of Q2 FY22, with 117 new clients added during the quarter.
Major client contribution to revenue (and in Q1 FY22) was:
- Top 5 clients 11.4% (11.3%)
- Top 10 clients 19.4% (18.8%).
Headcount at the end of September 2021 was 279,617, a net y/y increase of 39,409, or 16.4%.
Annualized attrition was 20.1%, up from 12.8% in the prior year period and up from 13.9% reported in Q1 FY22.
Vendor | Infosys |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-09-30 |
Growth | 20.7 |
Revenues ((m) in local currency | 3998 |
Revenues (in $m at that date) | 3998 |