Infosys Ltd (NYSE:INFY)

$ 22.78 0.17 (0.75%) Market Cap: 93.32 Bil Enterprise Value: 90.63 Bil PE Ratio: 29.73 PB Ratio: 8.86 GF Score: 98/100

Q1 2024 Infosys Ltd Earnings Press Conference Transcript

Jul 20, 2023 / 11:00AM GMT

Transcript

Rishi Basu

Infosys Limited - India & APAC Head - Corporate Communications

A very good evening, everyone. Thank you for joining us today. My name is Rishi. On behalf of Infosys, I'd like to welcome all of you. We request one question or, let's say, restricted number of questions from each media house to accommodate everyone over the next hour.

And with that, let me invite our Chief Executive Officer, Mr. Salil Parekh, for his opening remarks. Over to you, Salil.

Salil Satish Parekh

Infosys Limited - MD, CEO & Director

Thanks, Rishi, and good evening, good afternoon, welcome to everyone that's here. It's always wonderful to have all of you here with us on the campus. I'm sure you've seen there's a lot more people on the campus as well, and we are also benefiting from that.

We've had a very strong Q1. Our Q1 growth was solid at 4.2% year-on-year, 1% Q-on-Q in constant currency. We had 20% growth in Manufacturing, 13% in Life Sciences. Our European business grew by 10%. Our operating margin for the quarter was strong at 20.8%. Our

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