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

Q2 2024 Infosys Ltd Earnings Press Conference Transcript

Oct 12, 2023 / 11:00AM GMT

Transcript

Rishi Basu

Infosys Limited - India & APAC Head - Corporate Communications

Very good evening, everyone, and thank you for joining us today at our second quarter financial results press conference. My name is Rishi. And on behalf of Infosys, I'd like to welcome you today. (Operator Instructions)

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. Good afternoon. Thank you all for joining us, and thank you for being here in person. Always good to see everyone here on the campus. We had a strong quarter in Q2. We had growth of 2.3% quarter-on-quarter and 2.5% year-on-year in constant currency. And operating margin was at 21.2%. Large deals was the highest ever for us at $7.7 billion. 48% of this was net new. We see that with our large deal wins in the past 2 quarters, we are winning market share in the area of cost and efficiency.

As the economic environment changed, we pivoted from delivering

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