Summary of Infy Q3 -results -
1. Slightly above expectation
2. More revenue coming from North America while it reduced in Europe.
3. Increased revenue from product and Infrastructure services.
4. Good thing is that they are able to reduce expenses by a good amount (YtoY by more than 7%)
5. Revenue increase in BFSI domain and Energy domain.
6. 30 clients are added in this quarter.
7. 2772 employees were added and billable headcount is increased. Attrition reduced to 11.8% from previous quarter of 12.8%
8. YoY growth is 8% while sequential growth declined by 3.7%
Overall a promising future... wait for their guidance for next quarter and year coming ahead...:)
Monday, January 12, 2009
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