Tuesday, January 21News That Matters

Tag: #InfosysQ3FY25

Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion

Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion

Business & Finance
https://youtu.be/Tb9DSxuqRi0 Bengaluru, India – January 16, 2025: Infosys (NSE, BSE, NYSE: INFY), a global leader in next- generation digital services and consulting, delivered strong and broad-based performance with $4,939 million in Q3 revenues, growth of 1.7% sequentially and 6.1% year on year in constant currency. Operating margin for Q3 was at 21.3%, increase of 0.2% sequentially. Free cash flow for Q3 was highest ever at $1,263 million, growing 90% year on year. TCV of large deal wins was $2.5 billion, with 63% net new growing at 57% sequentially. Headcount increased for second consecutive quarter. Revenues for YTD Dec’24 grew at 3.9% year on year in constant currency and in reported terms. Operating margin was at 21.2%, increase of 0.3% year on year. “Our strong revenue g...