“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”, said Salil Parekh, CEO and
MD. “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.”
“Our emphasis on deepening client relationships resulted in strong client metrics including increase in
the number of $100 million+ clients to 24”, said U B Pravin Rao, COO. “Utilization excluding
trainees reached an all-time high of 85.7%.”
“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”, said M.D. Ranganath, CFO. “While we continue to make strategic investments to
leverage the opportunities in Digital, our relentless focus on operational efficiencies continued in this
quarter.”
https://www.infosys.com/investors/reports-filings/quarterly-results/2018-2019/q1/Documents/IFRS-USD-press-release.pdf
