Infy - Q3 above expectation on good revenue growth & deal wins
Positives
-Revenue growth above est
-Raised rev guidance for 3rd straight quarter to 16-16.5%
-Reports highest large deal TCV of $3.3 bn in last 8 quarters
-Attrition peaks out
#infy #StockMarket #Nifty
Positives
-Revenue growth above est
-Raised rev guidance for 3rd straight quarter to 16-16.5%
-Reports highest large deal TCV of $3.3 bn in last 8 quarters
-Attrition peaks out
#infy #StockMarket #Nifty
Negatives
- EBIT Margins flat at 21.5% qoq
-Adds 1627 employees in Q3 Vs 10k in Q2 ( due to seasonality )
#stockmarkets #infosys
- EBIT Margins flat at 21.5% qoq
-Adds 1627 employees in Q3 Vs 10k in Q2 ( due to seasonality )
#stockmarkets #infosys
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