Infosys has announced results for Q4 and full FY 2021, for the period ending March 31, 2021.
Q4 FY21:
- Revenues were $3,613m, up 13.0% y/y, up 9.6% in CC
- Operating income (EBIT) was $884m, a margin of 24.4%, up 33.8 pts y/y.
FY21:
- Revenues were $13,561m, up 6.1% y/y, up 5.0% in CC
- Operating income (EBIT) was $3,766m, a margin of 27.8%, up 64.6 pts y/y.
Q4 FY21 estimated revenue by geography (with estimated y/y growth in US$) was:
- North America $2,225m (+13.0%, +12.3% in CC)
- Europe $881m (+12.8%, +5.1% in CC)
- India $109m (+30.8%, +30.8% in CC)
- Rest of World $398m (+9.3%, -0.9% in CC).
Q4 FY21 revenue mix by service type (with estimated revenue and y/y growth in US$) was:
- Digital 51.5% ($1,859m, +38.6%, 34.4% in CC)
- Core 48.5% ($1,754m, -5.5%, -8.3% in CC)
Q4 FY21 revenue mix by industry (with estimated revenue and y/y growth in US$) was:
- Financial Services 33.0% ($1,192m, +19.1%, 15.6% in CC)
- Retail 14.8% ($535m, +7.6%, 4.5% in CC)
- Communication 12.0% ($433, +4.5%, -0.8% in CC)
- EURS 12.3% ($444m, +8.0%, 4.9% in CC)
- Manufacturing 9.6% ($348m, +7.1%, 3.4% in CC)
- Hi Tech 8.1% ($292m, +15.9%, 15.5% in CC)
- Life Sciences 6.8% ($247m, +20.8%, 18.3% in CC)
- Others 3.4% ($122m, +31.3%, 25.8% in CC).
Infosys had 1,626 active clients at the end of Q4 FY21, with 215 new clients added during the quarter.
Major client contribution to revenue (and in Q4 FY20) was:
- Top 5 client 10.9% (11.3%)
- Top 10 clients 18.3% (18.7%)
Headcount at the end of March 2021 was 259,619, a net y/y increase 10,307 or 7.1%.
Annualized attrition was 15.2%, up from 15.3% in the prior year period, and from the 10.0% reported in Q3.
FY21 estimated revenue by geography (with estimated y/y growth in US$) was:
- North America $8,320m (+5.9%)
- Europe $3,280m (+6.3%)
- India $392m (+17.7%)
- Rest of World $1,569m (+4.1%).
FY21 revenue mix by service type (with estimated revenue and y/y growth in US$) was:
- Digital 48.5% ($6,577m, +31.3%)
- Core 51.5% ($6,984m, -10.1%)
FY21 revenue mix by industry (with estimated revenue and y/y growth in US$) was:
- Financial Services 32.4% ($4,399m, +9.2%)
- Retail 14.7% ($1,991m, +0.8%)
- Communication 12.6% ($1,703m, +0.9%)
- EURS 12.5% ($1,692m, +2.4%)
- Manufacturing 9.4% ($1,275m, -0.8%)
- Hi Tech 8.5% ($1,155m, +17.7%)
- Life Sciences 6.8% ($927m, +12.8%)
- Others 3.1% ($419m, +20.4%).
Vendor | Infosys |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-03-31 |
Growth | 13 |
Revenues ((m) in local currency | 3613 |
Revenues (in $m at that date) | 3613 |