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Infosys Q2 Net up 28.6% to Rs 3,096 crore; revenues up 2.9%

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In dollar terms, the company’s revenues rose 6.5 per cent to USD 2.2 billion in the July-September quarter of 2014-15 fiscal from USD 2.07 billion in the same quarter of previous financial year.

“Digital transformation is reshaping the business of every one of our clients. We see this as a great opportunity to help them renew the core of their business as well as to expand into new frontiers and are seeing early positive results,” Infosys CEO and Managing Director Vishal Sikka said.

He added that the company’s strategy is to apply the same principles to its own business in order to capture this opportunity and accelerate growth.

“We have been able to improve our margins during the quarter and feel confident of sustaining these within a narrow band,” Infosys CFO Rajiv Bansal said.

During the July-September quarter, Infosys and its subsidiaries added 49 clients.

The company made a gross addition of 14,255 employees (net addition of 4,127) for the said quarter, taking its total headcount to 1,65,411 as of September 30, 2014.

The company’s attrition level was higher at 20.1 per cent in the said quarter as compared to 19.5 per cent in the June quarter.

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