Infosys: Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion
– Large deal TCV of $2.5 billion including 63% net new; Headcount increased by 5,591
– FY25 revenue guidance revised to 4.5%-5.0%
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered strong and broad-based performance with $4,939 million in Q3 revenues, growth of 1.7% sequentially and 6.1% year on year in constant currency. Operating margin for Q3 was at 21.3%, increase of 0.2% sequentially. Free cash flow for Q3 was high