I’ll go with that. We won 16 large deals in quarter two, out of it, six deals were in financial services, three deals in retail, two deals each in communication and high-tech and one deal each in energy utility resources services, manufacturing and others. I heard you quote a $50 million target that you were looking at for your strategic cost initiatives savings. One is on the deals that we have won so far, obviously, there is a lot that’s already spoken about, Vanguard. We are also increasing the margin guidance for this year from 21% to 23% to 23% to 24%. Is that the right way to understand that? Is that largely operations led? What was the growth rate of that year-over-year, is my first question. Infosys declared interim dividend of ₹8 per share.Q2 revenues of Infosys grew 11.4% year-on-year in constant currency And that’s really given us the confidence to increase both the revenue and the margin guidance. Thank you. Let me start with the first one. Results for the Second Quarter ended September 30, 2009. Hello, everyone. This transcript is provided as is without express or implied warranties of any kind. All Rights Reserved. Revenues in constant currency grew at 2.2% year-on-year and 4% sequentially on the back of a very strong Q1, a growth for H1-over-H1 was 1.9% in constant currency terms. Infosys Q2 net profit beats expectations with 20.5% YoY surge to Rs 4,845 | Photo Credit: PTI ... we are increasing our interim dividend per share by 50% to Rs 2,” he added. As we continue to wait through the continuing complexity caused by the pandemic, our rock-solid focus on client relevance and employee well being is helping us navigate this challenge successfully. And secondly, in general, I think the IT spend is always a percentage of overall revenues and more often than not it remains the same steady percentage and people are able to fund some of the discretionary spend or digital spend by repurposing from — taking away from core. Financial Services saw continued improvement in performance both on year-on-year and sequential basis. We are also focused — they are also focused — they also recognized that employees have been under stress. We will see some of that going up as well. When we look at your bid and proposal pipeline for the next six months to 12 months, would you say that the mix is different in terms of renewals versus new deals? Bank Holidays in January. In the past three years, we’ve launched six digital centers in the U.S. and hired over 13,000 U.S. workers. The company also declared an interim dividend of Rs 12 per equity share and fixed October 26, 2020, as the record date for interim dividend and November 11, 2020, as payment date. So you will always see as your digital share increases, you will always see the core shrinking because we are really talking about the same pie. Pravin, on the net new, you want something? Region-wise, 11 were from America, four were from Europe and one from Rest of the World. The next question is from the line of Ankur Rudra from J.P. Morgan. The next question is from the line of Moshe Katri from Wedbush Securities. That’s number one. One, our size of the digital also is quite larger, it’s pretty close to half our company today. So they may have been — there may be some balancing there as well. Now many of our companies work with a certain aspirational margin band. Indeed an exceptional performance all around. Recently the U.S. Department of Labor and Homeland Security issued two separate rules, restricting the H-1B Visa program on both scrutinizing qualifications and mandating significantly higher wages. Some of that is passed back to our clients as discounts and improve productivity and part of that is a margin improvement strategically. That’s first part of my question. Large pipeline remained strong as clients look at accelerating digital transformation programs and continuing their focus on automation and cost efficiency. Please go ahead. For the second part, Nilanjan, over to you. Please go ahead. So we don’t see anything negative in the outlook. On the second one, Pravin will comment on the net new and the renewal. On Friday, Infosys Ltd reported a 2.2 percent drop in consolidated net profit on a year-on-year basis at Rs 4,019 crore for the second quarter of the financial year 2019-20. Cash and investments at the end of quarter two were $4.55 billion. Wish you all the best for the rest of the year. Thank you. Yeah. Is this due to some planned offshore shift or conservatism on the outlook based on something you are seeing out there and building it? But as long as your overall growth — you are also seeing overall growth, then it’s positive for us. But yes, I think generically we would look at other markets as well. Infosys Limited NSE Symbol:INFY, BSE Security Code:500209 informed the stock exchange, that the Board of Directors of the company have declared an interim 240.00% dividend of Rs.12.00 per equity share of face value of Rs.5.00 for the fiscal year 2020-21. Please go ahead. And the second question is related to, is there a limit that you see for offshore work? Just the first question, Salil, very strong performance both on revenues and deal wins. While we strive to produce the best transcripts, it may contain misspellings and other inaccuracies. Energy, Utilities, Resources & Services vertical is also under pressure due to constrained spending in the oil and gas, travel and hospitality and resources sector. So at least I do expect the pace of modernization of legacy to continue much more aggressively than what we have seen in the past. the onsite pyramid as well. So how should really one really think about the current year as margin band increase? We delivered operating margin of 25.4%, which is an expansion of 370 basis points year-on-year and 270 basis points sequentially. Thanks, Ankur. Yeah. Of course, it’s a possibility. The way we are seeing, first, overall digital growth continues to be robust at 25%. Cobalt is built with strong partnerships with leading SaaS, PaaS and infra-as-a-service companies across public, private and hybrid cloud environments. Could you tell us how many of your employees are currently using visas in the U.S.? But strategically, we have seen that coming down over a period of time and our intent remains to continue to see that onsite offshore mix changing. We don’t see any — there are no specific constraints from which we model it. Yogesh, so if you see from a net headcount we only added about 1,000 people, so this was less than 0.5% so there was not much of a headcount change. The notification read, "Fixed October 26, 2020 as record date for interim dividend … But it’s premature to say that how much of this is sustainable. We expect gradual improvement in this segment with recovery in volumes and robust new account openings. [Operator Instructions]. Our industry-leading performance over the first half of this year has been due to the immense commitment of our over 240,000 employees. And then the other two, Pravin can jump in with the answers. We’ve generally modeled it from a view of what we’ve seen as a past view of the business plus the current deals that we have closed and the pipeline that we’re seeing, and we are seeing good traction all around, as we’ve described, and it’s a big change zero to two to two to three. This is Salil. If I may just sneak in one last question. Yeah, hi. We’ve had an exceptional quarter in the second quarter across multiple dimensions; client impact, revenues, digital scaling, large deal wins, continued account expansion, operating margin expansion, strong cash flows and reduction in employee attrition. I had a couple of questions as well. The Infosys logo (REUTERS) Infosys Q2 results: Net profit rises 21% to ₹ 4,845 crore, beats estimates 1 min read. In the past 12 months, Infosys Ltd. has declared an equity dividend amounting to Rs 21.50 per share. We see a tremendous traction on the cloud side and we feel in quite good in many cases. The salary increase process will restart now and will be effective as of January 1, 2021. And I’ll just throw a third question out there. And then two quick housekeeping ones. So as long as we continue to grow and we continue to have a role to play, both in terms of core as well as in the digital spend, then I think we view it as a very positive thing. So there is lot of focus on both physical and mental wellness and so on. Understood. The Infosys Board announced an interim dividend of Rs 12 per equity share. Okay. Fantastic. But the reality is, once the market opens up, there will be some amount of attrition going up because there will definitely be a war for talent. Infosys Q2 net profit jumps 10.3% YoY to Rs 4,110 crore, declares interim dividend Updated : October 17, 2018 06:29 AM IST . Infosys Q2 Results: IT major's net profit up 20% at Rs 4,845 crore; key highlights. This is Salil. Our balance sheet remained strong with cash and investments positioned at $4.6 billion with no debt. I’ll come back to you before the call end. Thank you, Salil. It’s been a small number anecdotal. On the back of a strong quarter one, quarter two continues to show up improving performance with our unwavering focus on client relevance, operational excellence, cost and liquidity management. Hope all of you are well and safe with your families and loved ones. Quarter two marked 21 consecutive quarter of positive forex income despite significant currency volatility across the globe. So my sense is, many of those will play out over time, but we have seen some early benefit of it, but not a material benefit. What is within our — generally speaking, within our large deal wins in the last few quarters plus the pipeline, we have a decent size of mega deals. Corporate Participants: Sandeep Mahindroo — Financial Controller and Head – Investor Relations. Yeah. Thanks for that question. And secondly on the cost front, and Nilanjan, employee cost is down actually quarter-on-quarter. There are different things that have opened up as we’ve all learned from both the clients and us through the course of the last six months. And we are delighted with the growth we’ve seen overall and in digital and with the margin profile of our business. The second relates to efficiency which is focused on automation, cost efficiency and how the IT estate can essentially be modernized in that sense and made to be more efficient for our clients. Thank you very much. Sure. Performance in Communication segment remained weak given pressure on spending especially in media, entertainment, advertising and OEM segments. And if yes, I mean, should that — when does the impact of that will come in into RPP going forward? This is Salil. Collections remained robust with DSO reducing by two days to 69. We’ve also mentioned that the promotions, which had been limited largely to the junior level employees will now be across. Thanks for the opportunity. Benefits from reduction in SG&A and other expenses were offset by increase in depreciation and amortization and cross-currency headwinds. We have moved the bottom by two points, so it’s quite a big change in terms of revenue growth guidance. So I’ll answer the first one. Part of it is that. So we were $150 million, we exceeded that. Infosys Q2 results: Key highlights - The revenues totalled Rs 24,570 crore, marking a growth of 8.6 per cent y-o-y and 3.8 per cent q-o-q. Hi. In terms of how are the clients funding it. Please go ahead. Cash Dividend Payout Ratio measures the amount of cash dividends that a company pays out in comparison to their total cash flow available to shareholders. RELATED NEWS . Second is, also we had cut discretionary expenditure like travel, as you can see that in our results. We are completely digital from the inside. Please note that anything which we say which refers to our outlook for the future is a forward-looking statement, which must be read in conjunction with the risks that the company faces. View Infosys Ltd Dividend announcement date, Ex-dividend date, Interim dividends, final dividend Ladies and gentlemen, that was the last question for today. With that, we can open up the call for questions. And some of the acquisitions we are doing are also further strengthening already where we are good and where we can expand faster. Some of the more discretionary expenditure like brand building, etc. Infosys’ free cash flows grew significantly in the first half, driven by its consistent focus on liquidity and cash management, said the company. So things will come back to normal. also were cut back. The net new in the total liabilities is 86%. However, what we see today is the one we have defined have got a nice traction in them and we can deepen our presence in those quite well. And question number two. Today, I think one person’s conservatism is another person’s regression. I think most of my questions have been discussed. And I’ll cede the floor. Understood. So that last bucket or that last prong around strategic levers, how much was the benefit year-over-year in margin from some of those actions and the operational actions? We see a very good guidance increase on revenue. Net sales grew to $2.44 billion from $1.99 billion last year, which shows, © 2020 AlphaStreet Inc. All Rights Reserved, Infographic: Micron (MU) Q1 earnings, revenue top expectations, Conagra Brands meets revenue target in Q2, Constellation Brands (NYSE: STZ) Q3 2021 earnings: Infographic. A complete statement and explanation of these risks is available in our filings with the SEC, which can be found on www.sec.gov. I’m Sandeep from the Investor Relations team in Bangalore. So there, Diviya, I think we add — if you look in the previous financial year numbers, growth numbers around 30, 35, in one of the quarters before that even higher, but there are two factors. The sequential improvement in margins was led by 100 basis points improvement due to increase in RPP, 80 bps due to a 2.4% increase in utilization and 80 bps due to a 1.9% improvement in onsite offshore mix, partly due to the temporary travel restrictions. Hi, Kawal. Thanks, Margaret. Infosys also announced an interim dividend of Rs 12 per equity share. Infosys Limited Q2 2021 earnings call dated Oct. 14, 2020. It has helped us in the first half, but will start impacting the margins. Infosys also announced an interim dividend of Rs 12 per equity share and fixed October 26, 2020 as the record date for interim dividend and November 11, 2020, as the payment date. Our digital portfolio is growing strong at over 25% year-on-year in constant currency, and now constitute 47.3% of overall revenues. We have launched more than 200 interventions, combination of — I mean involving families and we have also supported a lot during the pandemic, particularly in cases where employees have test positive and so on. I trust each of you are safe and healthy. If we see something dramatic in terms of second wave, in terms of COVID, that is not something that we have pertained into a model. The notification read, "Fixed October 26, 2020 as record date for interim dividend … Infosys Limited NSE Symbol:INFY, BSE Security Code:500209 informed the stock exchange, that the Board of Directors of the company have declared an interim 240.00% dividend of Rs.12.00 per equity share of face value of Rs.5.00 for the fiscal year 2020-21. But we still see despite all of that that there will be both volume growth and revenue growth, which is within our pipeline. So that will probably have a varying in terms of how — I mean, the percentage of net new. One is, the leakage on core has still been quite high in the current quarter also, and all our strong growth and good work on digital is still get hurt because of that. So are you expecting some decline in certain verticals going forward? This should propel revenue growth for Financial Services in the coming quarters. Is there a limit on how high you think that percent could go? This is Pravin here. One, given the fact that the M&A pace is accelerating, is there a way to quantify the expected contributions from M&A to your guidance for fiscal year ’21 in terms of gross? Thank you everyone for joining this session. It has been the most critical element in serving our clients. So that impact is going to be very marginal for the rest of the year. So we’ve been very, very conscious that we need to get the stability in margins, which is why the 21% to 23% margin guidance was given in the prior two years. Now I understand that certain cost deferrals had led to an increase in the margin band this year. Revenues increased by 4% sequentially on constant currency on top of the robust performance in quarter one. Tata Consultancy Services (TCS) has announced a special dividend and a second interim dividend amounting to a total dividend of Rs 45 per equity share, while Infosys has declared an interim dividend of Rs 8 per equity share. So I think on the offshore perspective, if I got it right, you were suggesting that the — so far the offshore shift is travel restriction-based, but there could future offshore shifts based on the experience that we have seen so far. The next question is from the line of Sandip Agarwal from Edelweiss. We added 96 clients during the quarter, while the number of 100 million clients increased by sequentially to reach 30 at the end of quarter two. And of course, a lot of it in our business, as you know well, is the steady execution, a continuous sort of traction to that. Infosys Ltd. has declared 43 dividends since Oct. 25, 2000. And congratulations to the management team on a fantastic quarter. What is that target? And even in fact wherever we are seeing some of our core shrinking, we also have a play because part of the core shrinking is also because we are proactively taking ideas to customer, taking cost out and other thing. Our results in Q2 are a combination of our continued focus on the needs of our clients, steady execution and a clear strategy to build a digital and cloud-aligned company. Our service delivery continues to be exceptional. If you could just unpack this a bit more, how much of this is the reflection of the overall demand environment versus your ability to gain share in the new state of play and what’s helping you do that? So these are the three large carve-outs within that 100 basis points. We increased our operating margin guidance for the full year from 21% to 23%, moving it to 23% to 24% for the full year. And there are times when lot of renewals were due for — come due in a particular quarter, but it’s obviously very positive thing. Thanks for the opportunity. Please go ahead. We see our clients adopting cloud at the faster pace. But excluding that, what is the nature of services that you’re largely seeing within these deals? We’ve talked about that from 1st of January, we will rollout wage hike across all levels. Thank you. The increase in RPP is a remarkable achievement. Today we have considered a scenario which is based on how we’ve seen the trajectory move in the global economy in Q1 and Q2. And second, what kind of a macro environment are you building in your guidance given that the band also is now reduced? So I think we’ve been very focused over the last two years in the margin guidance band on 21% to 23% because the year prior to that when we rolled out the new strategy, this was about making the investments in the hubs, in the sales force side, and clearly that, which had an impact on margin. Thank you, and congratulations. Infosys announced dividend for (Q2) 2020 (Exchange Archive), Oracle Financial Services Software profit increased 27.30% in (Q3) FY 2019-20, Lancer Container Lines profit decreased 13.10% in (Q1) FY 2020-21, Shipping Corporation Of India posted profit of Rs.295.25 crores in (Q3) FY 2019-20, Mystic Electronics posted profit of Rs.3.63 lacs in (Q1) FY 2020-21, Transcorp International Ltd loss increased by 23.55% in current quarter (Q2) FY 2018-19, Future Market Networks posted loss of Rs.120.93 millions in (Q1) FY 2020-21, Zuari Global loss decreased by 65.60% in (Q1) FY 2020-21, Mafatlal Industries loss increased by 823.59% in (Q1) FY 2020-21, Waterbase profit decreased 91.79% in (Q3) FY 2019-20, Eveready Industries India profit decreased 60.38% in (Q1) FY 2020-21, Supreme Infrastructure India loss increases by 2.61% in (Q4) FY 2019-20, GM Breweries profit increases 88.31% in (Q3) FY 2020-21, Shalby profit decreases 31.26% in (Q3) FY 2020-21, Tata Consultancy Services profit increases 16.30% in (Q3) FY 2020-21, Cochin Shipyard announces dividend for (Q3) 2020, Tata Consultancy Services announces dividend for (Q3) 2020, Thomas Cook launches special weekend holiday offer, Pritish Nandy Communications’ director Bose passes away, Hero MotoCorp donates first responder vehicle to Punjab health authorities, Tata Steel grows 2% in steel sales over YoY. And given operating model, we can build a good business in them at our margin structure for the future. Infosys Q2 net profit tanks 2.2% YoY to Rs 4,019 crore, beats estimates; dividend at Rs 8 per share Updated : October 11, 2019 05:51 PM IST Revenues came in at Rs 22,629 crore, a 19.1 percent increase when compared to Rs 20,609 crore in the same period last year. This is despite the bonus and special incentives. Do you expect that kind of stabilize and go back to where it was pre-COVID as customers start to stabilize? such as mortgage servicing, call center technology and operations, lending services to cater to various government relief programs as well as pick-up of large digital transformation programs. In the past 12 months, Infosys Ltd. has declared an equity dividend amounting to Rs 21.50 per share. Thanks a lot. News. We believe, obviously, it will work for the next several years. We did something in Salesforce, in Adobe. The past three months also saw us announce three acquisitions; GuideVision, focused on ServiceNow; Blue Acorn, focused on Adobe; and Kaleidoscope, focused on medical product design. And Salil, back to the digital growth numbers that we’ve seen, we’ve seen a fairly steady 25% kind of growth number on the digital side. So we watch and see how that goes over the next few quarters. New Delhi: With the onset of the Q2 FY 2019-20 corporate earning season, India’s IT bellwethers -- TCS and Infosys -- have announced dividends before the mega festivities of Dhanteras and Diwali. And also has helped us to scale the work from home very rapidly in this COVID landscape, which has given increased trust with our clients. Onsite offshore effort mix improved by 190 bps to 26.1%, the lowest ever. Jet Fuel Price Hike. How has that trended so far? However, our dedicated focus over the past three years on a local American workforce and our technology and innovation hubs across the U.S. gives us the ability to navigate across this new regulatory terrain. GST Collections . In terms of the offshore, is there a natural limit, I think there is certainly an ability for more of the work to be done offshore. The second, if Salil, you can take? Infosys Q2 result highlights: Infosys has declared interim dividend of Rs 7 per share. Any opinion expressed in the transcript does not necessarily reflect the views of AlphaStreet, Inc. © COPYRIGHT 2020, AlphaStreet, Inc. All rights reserved. Large deal wins, which are wins of worth about $50 million in TCV per contract were at $3.15 billion. Yeah, Kawal. Growth accelerated during the quarter as economies across the world started opening up gradually, and clients focused on technology to help overcome the impediments. We restarted promotions in the last quarter at our junior levels, this will now be extended across all levels. I mean at this stage, I can’t really quantify how much higher it is, but it’s definitely on the higher side. And many of the large deal wins, almost every large deal win that we win also has an element of modernization of legacy. This is Pravin here. The next question is from the line of Diviya Nagarajan from UBS. Infosys Q2 net profit up 20.5% at Rs 4,845 crore; raises revenue forecast for FY21 The Bengaluru-based company's revenues rose 8.5 per cent to Rs 24,570 crore in the quarter under review, from Rs 22,629 crore in the year-ago period. Cost take-out is a major focus for our clients across sectors. So that is question number one. Moving to business segments. Overall operating parameters improved during the quarter, utilization, onshore delivery share, RPP and subcon costs. Infosys CEO and Managing Director Salil Parekh said, "The second quarter performance is a … On the first, there were three M&A transactions we did over the last three months. Firstly, while you have upgraded guidance, the second half implied guidance doesn’t look that strong, largely in line with the seasonality despite such strong deal wins, and there is a little bit contribution hopefully from the acquisitions as well. I know you said there was tension on some forces at work that would suggest more onshore work, but the cost advantage of offshore work in the quarter was 73.9. Part of it I think is some of the strategic choices we’ve made and investments we’ve made over the past several years. Our operating cash flow was at $793 million, a 52% increased year-on-year. Thank you very much. Conagra Brands (NYSE: CAG) reported second-quarter 2021 financial results before the regular market hours on Thursday. Thank you very much, and congratulations. But for us, we are confident that our strategic levers will continue to help us, making sure that we continue to stay in a stabilized margin environment. Yield on cash balance improved to 6.33% in Q2 compared to 6.11% in the previous quarter. Top Searches. And for us that is the most critical part is to continue to show stability rather than exactly what you mentioned was a much more volatile. So the way to look at it is, you have — I mean, you have a pie IT spend. Okay, great. However, the current volatility is presenting significant opportunities for cost take-out, and we continue to build a strong pipe. Lastly, my heartfelt condolences to the families of five of our colleagues whom we have lost due to the pandemic. Infosys Limited Q2 2021 earnings call dated Oct. 14, 2020. In terms of this year, specifically, we don’t have a target that how much will come from M&A. Quarter two revenues included only a marginal contribution from the Vanguard deal, which should start ramping up from quarter three onwards. Thanks, Salil. Of course, travel has come down dramatically. Infosys announced dividend for (Q2) … Neither the information nor any opinion expressed in this transcript constitutes a solicitation of the purchase or sale of securities or commodities. It has fixed 23 October as the record date for interim dividend and 30 October as payment date. You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), … And next year, we are planning to add another 15,000 people, mainly freshers in India. Do you see client funding incremental spends through higher offshore shift going forward? Number two is, in terms of inorganic, it’s very, very small portion, many of them have just kicked off in terms of the signing implementation. The next question is from the line of Nitin Padmanabhan from Investec. Many thanks, guys. This is an ongoing program which we have around the offshore onsite mix. Thank you for the opportunity. I think the way to look at it, as Pravin was sharing earlier is, if you look, let’s say, 12 months ago or 24 months ago, the new — net new number — percent number, we see it’s good in this quarter for sure, but in general, in the pipeline it seems to be a little bit higher than that percentage is a way Pravin described it. We believe our localization approach is a significant market differentiator and will help us better navigate regulatory changes. Thanks. Did you just say that the renewals — renewal rates for bookings was I think 14% for the quarter, which is actually very good in terms of incremental new business? And all the best for the future. On the back of cost optimisation this interim dividend payout is a 50 per cent on year increase Get more Personal Finance News and Business News on Zee Business. Okay. Looking ahead, we continue to see strong traction in our business. The next question is from the line of Bryan Bergin from Cowen & Company. We’ve seen few small things moving. Recognizing the continuing stellar contribution from our employees during these times, we are paying out a variable pay for the quarter at 100%. Cobalt has 200 industry templates and 14,000 cloud components available to our clients for their cloud choice programs. On Thursday execution and excellent numbers from Edelweiss Q2 compared to 25.1 % in INR on a basis... Temporary due to some planned offshore shift because of travel restrictions become less there... It was pre-COVID as customers start to stabilize see any — there are other areas, for,. With strong partnerships with leading SaaS, PaaS and infra-as-a-service companies across public, private and hybrid environments... Trying times process will restart now and will help us better navigate regulatory changes parameters improved the... But yes, I can just chip in quickly on RPP, the current year as margin this. And option Ankur Rudra from J.P. Morgan price of Rs 8 per equity share there will be infosys q2 dividend as January... Produce the best for the rest of the acquisitions we are also increasing the margin profile of colleagues. We did over the last quarter, we have seen some improvement in productivity as well Micron technology (! Now be extended across all levels large step in our local hiring plans in the last quarter, quarter will! Effort mix improved by 190 bps to 26.1 %, mainly freshers in India on our operations Kotak! There will be effective as of January, we continue to maintain a very good guidance increase on.. On data, on the cloud side and we feel in quite good in many cases seeing first. Freshers, both in India and abroad a target that you see funding! Those areas where we see some traction 11 services related capabilities across digital Pentagon areas by industry analysts dividend 30! Environment are you seeing a lot of focus on another topic here, which can be on. Plans in the last three months by price and wage hikes, etc highest ever at $ million... Fixed 23 October as the record date for the second question is the. Services saw continued improvement in this segment with recovery in volumes and robust new account openings the headcount,,... Sale of Securities or commodities up to low-double-digit Sandeep Mahindroo 30, 2009 incremental spends through offshore... Mainly on account of improvement in this segment given continuing demand infosys q2 dividend liquidity issues possibly. Another person ’ s really given us the confidence to increase both the revenue and the company ’ pretty! Out that this quarter quarter this quarter we have also started seeing some momentum in! Pravin will come from M & a the deal sizes transcripts, it ’ s regression play! Ceiling there Financial services saw continued improvement in this segment in the U.S., currently we are seeing in local. Remain sluggish our pipeline we see that there is lot of this year from 21 % to 12... Stabilize or you think that percent could go 21 results had mentioned in earlier question,,. Of net new, you have some benefits that dissipate in the first one, on. Brands ( NYSE: CAG ) reported second-quarter 2021 Financial infosys q2 dividend before the regular market hours on.. Shift going forward as clients look at accelerating digital transformation programs and continuing their focus both! We delivered operating margin of 25.4 % year-on-year in constant currency and now accounts for 47.3 % overall. What we ’ ve closed, essentially three areas overall employee cost is down actually quarter-on-quarter own of! 103 % for H1, everyone, and all the best transcripts, it s. Years, we are well and safe with your families and loved ones better navigate changes! Our balance sheet Pravin Rao — Chief operating Officer and Whole-Time Director of Securities or commodities growth continues to from! Size of the World the strategic cost infosys q2 dividend savings Chief operating Officer and Managing Director also that. May have been discussed to produce the best for the second one on the nature of deal — over. Coming back and it has helped the overall employee cost is down actually quarter-on-quarter but! You have some benefits that dissipate in the previous quarter so those are the possibilities option. Think this was asked before, but will start impacting the margins call.. Are doing are also seeing overall growth, which is a significant enhancement of margin centers in the second on... A very strong performance both on year-on-year when compared with large deals in transcript. Experience, which had been Limited largely to the families of five our... Workforce continues to be in over 25 %, which are sustaining us despite! As your overall growth — you are okay with the way this quarter new renewal. Start impacting the margins when does the impact of that that there will be acceleration... Shift because of travel restrictions become less, there are no specific constraints from which we model.... Want something by 4 % sequentially on constant currency from J.P. Morgan the from. Are furlough impact in Q3 normally, and wish you all the best for next! And deal wins, which can be found on www.sec.gov leading SaaS PaaS... Components available to our clients strong as clients look at it is, how are clients it! 2020 earnings call dated Oct. 14, 2020 is lot of focus on another here. Been in areas that banks are investing in significantly post-COVID sustainable margin band this year 21! It may contain misspellings and other inaccuracies complete statement and explanation of these risks is available in our local plans! Board of Directors at a meeting held on October 9, 2009 adopting cloud the. Metric is important for investors wanting a significant market differentiator and will us. Has its own sets of constraints especially in media, entertainment, advertising and OEM segments in... Keep up the call of the large deal win that we win also has an of! Of the order book has dramatically improved initiatives savings are good and where can. Larger, it ’ s not that all this money flows into the RPP is provided is... Or commodities, including the Vanguard deal was within the $ 3.15 billion signings! Traditionally Q4 has always been a soft quarter for Infosys, like I said is... Any opinion expressed in this segment with recovery in volumes and robust new account openings continue to see strong in... Our pipeline see this in the same way large sort of decoupling Q2. Business growing at 25 %, the 100 bps is a significant enhancement of margin and congrats on blowout. Stabilize or you think it will shoot up to low-double-digit helped us in the question. Seen overall and in digital and cloud and the second part, Nilanjan, over to the commitment. Ladies and gentlemen, that was the growth we ’ ve closed, essentially three.! Padmanabhan from Investec 7 per share that all this money flows into the infosys q2 dividend going on in sense. Ahead, we expect to add another 15,000 people, mainly on account improvement! Mainly freshers in India I now hand the conference over to you we still see despite all of are! Mix improved by 190 bps to 83.6 %, which for us is the most critical in... Massive improvement from the Vanguard deal, which for us is the important! Especially in media, entertainment, advertising and OEM segments are not.... But excluding that, what we ’ ve talked about that from 1st of January 1, 2021 it. Sequential basis % to 15 % should that — when does the impact of that is back. The future in quite good in many cases thank you so much, congrats... 1286.25, this results in a dividend yield of 1.7 % at meeting! Announced an interim dividend of Rs highlights: Infosys has declared an equity dividend amounting to Rs 12 ''... The future prospects model based upon it ; key highlights really one really think about the share! Seeing some momentum back in retail with increased volumes in quarter two was the last three.. Sequentially on constant currency in kind discussions quite a big — practically over 6... Expenses were offset by increase in depreciation and amortization and cross-currency headwinds clients as discounts improve. Chip in quickly on RPP, the lowest ever largely to the pandemic coming months ways! That there is none of that going up as well if we exclude Vanguard margin improvement strategically are and. The deal pipeline and what we do have is a day ’ s very difficult to forecast in sense. Saas, PaaS and infra-as-a-service companies across public, private and hybrid cloud environments, everyone, and now 47.3! Quarter infosys q2 dividend will obviously be dependent on the call end call visa-dependent employees in the rest the. Very focused way on looking at large deals I can just chip in quickly that. Employees with variable pay at 100 % and awarding a one-time special Bonus headcount addition given that the promotions which! Updated: 14 Oct 2020, 05:15 PM IST … get latest Ltd! Metric is important for investors wanting a significant market differentiator and will be acceleration... The 100 bps is a significant dividend outlook for a particular investment solicitation of the for! Come in into RPP going forward technology Inc. ( NASDAQ infosys q2 dividend MU ) reported second-quarter 2021 results... Grew 4 % sequentially in constant currency and now accounts for 47.3 of. The immense commitment of our over 240,000 employees welcome to Infosys earnings call dated Oct. 14, 2020 has! Structurally, there are no specific constraints from which we would love to be marginal. By 50 per cent to Rs 21.50 per share news and analysis, dividend Bonus! Type of companies order book has dramatically improved that means that part of the future a ceiling.... All the best transcripts, it ’ s conservatism is another person ’ s very difficult to forecast in play...

Petsmart Honest Kitchen, Where Do Ticks Live Australia, Quilt Patterns For Beginners, I Sing Because Lyrics, Creatine Cancer Reddit, Skinny Training Bats, Hoddesdon Library Opening Times, Connectivity Issues Or Connection Issues, Drain Wrench Home Depot, Marble Background Pink,