Infosys has announced results for Q1 FY22, for the period ending June 30, 2020:
- Revenues were $3,782m, up 21.2% y/y, up 16.9% in CC
- Operating income (EBIT) was $896m, a margin of 23.7%, up 1.0 pts y/y.
Q1 FY22 estimated revenue by geography (with reported and CC y/y growth in US$) was:
- North America $2,333m (+21.1%, +21.1 CC)
- Europe $913m (+21.9%, +12.2% CC)
- India $111m (+23.1%, +20.7% CC
- Rest of World $425m (+16.9%, +4.9 CC).
Q1 FY22 revenue by service type (with reported and CC y/y growth in US$) was:
- Digital ($2,-4-m (+46.9%, +42.1% in CC). Digital accounted for 42.1% of global revenue
- Core $1,742m, (+0.6%, -3.0% in CC)
Q1 FY22 revenue mix by industry (with approx revenue and reported and CC y/y growth in US$) was:
- Financial Services 33.1% ($1,250m, +27.1%, + 22.6% CC)
- Retail 15.0% ($566m, +26.6%, +22.2% CC)
- Communication 12.2% ($462, +10.6%, +4.6% CC)
- EURS 12.1% ($457m, +14.5%, +10.5% CC)
- Manufacturing 9.7% ($366m, +23.1%, +18.5% CC)
- Hi Tech 8.3% ($313m, +15.1%, +14.8% CC)
- Life Sciences 6.8% ($256m, +23.4%, +21.2% CC)
- Others 3.0% $112m(+16.3%, +10.2% CC).
Infosys had 1,659 active clients at the end of Q1 FY22, with 31 new clients added during the quarter.
Major client contribution to revenue (and in Q4 FY20) was:
- Top 5 clients 11.3% (10.9%)
- Top 10 clients 18.8% (18.3%).
Headcount at the end of September 2020 was 257,953, a net y/y increase of 28,720, or 12.0%.
Annualized attrition was 13.9%, down from 15.6% in the prior year period and up from 10.9% reported in Q4 FY21.
Vendor | Infosys |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-06-30 |
Growth | 21.2 |
Revenues ((m) in local currency | 3782 |
Revenues (in $m at that date) | 3782 |