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.