Rise in attrition, large deal wins: Top takeaways from Infosys' Q1 results

The company has maintained FY20 operating margin guidance range of 21 per cent - 23 per cent.

IT major Infosys on Friday reported a healthy set of numbers for the June quarter of financial year 2019-20 (FY20). The company delivered on all fronts, except attrition rate which saw a sharp increase. Increase in revenue growth guidance for FY20 came as a positive surprise while strong deal wins and robust growth in digital revenue were the other key positives for the company. 

"Healthy deal wins, digital growth story and upward revision in guidance augurs well for the company. Hence, we remain positive on it, said analysts at ICICI Securities in a note released post results announcement. 

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