Infosys Q1 results LIVE: PAT at Rs 36.12 bn, maintains revenue guidance

Revenue is reported at Rs 192.18 bn vs Rs 180.83 bn (QoQ). The company has maintained FY19 constant currency growth maintained AT 6-8%

4:57 PM

Infosys' bonus history

Year	Ratio	Book Value (Unit Curr)	EPS (Unit Curr)
2015	1:01	418.69	105.96
2014	1:01	735.87	178.22
2006	1:01	249.89	87.72
2004	3:01	488.21	186.60
1999	1:01	173.70	40.19
1997	1:01	155.43	50.94
1994	1:01	81.26	24.15

Source: ACE Equity

4:57 PM

Infosys Q1

Salil Parekh: With our Agile Digital business growing sequentially at 8% in constant currency and increase in our large deal wins to over $1 billion, we see good traction in the market.

 

4:56 PM

Infosys Q1

Infy management: Deal pipeline very healthy. have a large number of deals in the pipeline

4:53 PM

Infosys Q1

Infy management: Don't think we need to make any adjustments on guidance

4:48 PM

Infosys management on Panaya

Took $39 million write down on Panaya value

4:46 PM

Infosys Q1

Infy management: Should be able to bring down attrition to manageable levels in the next 2-3 quarters

4:45 PM

Infosys Q1

Infy management: Identified specific initiative to bring down attrition

4:42 PM

Infosys Q1

Infy management: Outlook on BFSI verticle positive based on strong demand

4:41 PM

Infosys Q1

Infy management: See good demand in US, Europe

4:39 PM

Infosys Q1

Infy management: Financial services business in-demand today, 40% of large deal wins from financial service sector 

4:39 PM

Infosys Q1

Infy management:  See strong traction in the banking and insurance space 

4:38 PM

Infosys Q1

Basic EPS at Rs 16.62 for the quarter ended June 30, 2018, including impact of Rs 1.24 on account of reduction in the fair value of Assets held for sale YoY growth of 9.1%; QoQ decline of 2.1%

4:37 PM

Infosys Q1

FY 19 revenue guidance in constant currency retained at 6%-8%; FY 19 operating margin guidance retained at 22%-24%

4:36 PM

Infosys Q1

Salil Parekh: EBIT margin in Q1 near upper-end of range given

4:36 PM

Infosys Q1

RoE increases to 25.5% as compared to 24.1% last quarter; EPS grew by 9.1% on a year-on-year basis

4:35 PM

Infosys: Utilisation (excluding trainees) at all-time high of 85.7%

4:34 PM

Infosys Q1

Salil Parekh: Believe we have a stable start to the year

4:34 PM

Infosys Q1

Salil Parekh: Have seen broad-based strong performance on multiple fronts

4:32 PM

COMMENT M.D. Ranganath, CFO, Infosys on Q1FY19 results

We had broad-based financial performance on multiple fronts - RoE crossed 25%, Free cash flow was up 32% quarter on quarter and operating margins were at the upper quartile of our margin guidance. While we continue to make strategic investments to leverage the opportunities in Digital, our relentless focus on operational efficiencies continued in this quarter.

4:29 PM

Segment-wise revenue (Image source: Company statement; in Rs crore)

4:28 PM

Infosys: Standalone attrition rate at 20.6% vs 16.6% (QoQ)

 

4:28 PM

Infosys: Consolidated attrition rate at 23% vs 19.5% (QoQ)

4:28 PM

Infosys: India revenue down 7.8% (QoQ) & down 4.1% in constant currency

4:28 PM

Infosys: North America revenue growth at 19% (QoQ) and 2% in constant currenct terms

4:25 PM

Addition to the Board
 

The Board appointed Michael Gibbs as an Independent Director of the Company effective July 13, 2018 for a period of three years, based on the recommendation of the Nomination and Remuneration Committee of the Board

4:24 PM

Bonus issue of equity shares
 

The Board in its meeting held on July 13, 2018 has considered, approved and recommended a bonus issue of one equity share for every equity share held and a stock dividend of one American Depositary Share (ADS) for every ADS held, as on a record date to be determined. Consequently, the ratio of equity shares underlying the ADSs held by an American Depositary Receipt holder would remain unchanged.

The Board approved and recommended the issue of bonus shares to celebrate the 25th year of Company’s public listing in India and to further increase the liquidity of its shares. The bonus issue of equity shares and ADSs will be subject to approval by the shareholders, and any other applicable statutory and regulatory approvals.

4:23 PM

COMMENT Salil Parekh, CEO and MD, Infosys on Q1FY19 results

The strong revenue and margin performance in this quarter shows that our dual emphasis on Agile Digital and AI-driven Core services is resonating with our clients. With our Agile Digital business growing sequentially at 8% in constant currency and increase in our large deal wins to over US$ 1 billion, we see good traction in the market

4:23 PM

Infosys: Seen increase in large deal wins to over $1 bn

4:21 PM

Infosys: Retain FY19 operating margin aim at 22-24%

4:19 PM

Infosys: Q1 digital revenue at $803 mn, 28.4% of total revenue