Infosys has revised its FY25 revenue growth guidance in constant currency (CC) terms to 3.7%-4.5%, up from the previous range of 3%-4%. The company also maintained its operating margin guidance at 20%-22%, reflecting confidence in its growth trajectory.
Key Financial Highlights for Q2 FY2025:
- Net Profit: ₹6,506 crore, up 2.2% from ₹6,368 crore in the previous quarter, but lower than the CNBC-TV18 poll estimate of ₹6,755 crore.
- Revenue: ₹40,986 crore, a 4.3% increase compared to ₹39,315 crore in Q1 FY2025, exceeding the poll estimate of ₹40,878 crore.
- EBIT: ₹8,649 crore, reflecting a 4.4% rise from ₹8,288 crore in Q1 FY2025 but below the poll expectation of ₹8,723 crore.
- Operating Margin: Stable at 21.1%, in line with Q1 FY2025, but slightly below the poll estimate of 21.34%.
CEO’s Commentary: “We had strong growth of 3.1% quarter-on-quarter in constant current in Q2. The growth was broad-based with good momentum in financial services. This stems from our strength in industry expertise, market-leading capabilities in cloud with Cobalt and generative AI with Topaz, resulting in growing client preference to partner with us,” said Salil Parekh, CEO and MD. “Our large deals at $2.4 billion in Q2 reflect our differentiated position. I am grateful to our employees for their unwavering commitment to our clients as we further strengthen our market leadership,” he added.
Comparison with CNBC-TV18 Poll Estimates:
- Net Profit: ₹6,506 crore vs. poll estimate of ₹6,755 crore.
- Revenue: ₹40,986 crore vs. poll estimate of ₹40,878 crore.
- EBIT: ₹8,649 crore vs. poll estimate of ₹8,723 crore.
- Operating Margin: 21.1% vs. poll estimate of 21.34%.
Quarter-on-Quarter Growth:
- Net Profit: 2.2% growth at ₹6,506 crore vs. ₹6,368 crore in the previous quarter.
- Revenue: 4.3% increase at ₹40,986 crore vs. ₹39,315 crore in Q1 FY2025.
- EBIT: 4.4% growth at ₹8,649 crore vs. ₹8,288 crore in Q1 FY2025.
- Operating Margin: Stable at 21.1% (QoQ).
Infosys’ revised guidance signals optimism, supported by consistent revenue growth and robust performance across key segments.
