Infosys - Strong All-Round Performance; Capitalising Robust Demand To Sustain Growth: Axis Securities
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Axis Securities Report
Deal wins for FY21 stood at $14.1 billion, showcasing a growth of 17% YoY and the highest ever in the history of Infosys Ltd.
Revenue growth in FY21 stood industry-leading at 10.7%.
The company also reported healthy expansion in its operating margins on account of higher offshoring, efficient utilisation, lower attrition, and superior service mix.
The company's management has issued a guidance of strong revenue growth of 12%-14% in constant currency terms for FY22 backed by robust deal wins.
It has also guided for operating margin of 22%-24% in FY22, aided mainly by higher offshoring and better service mix.
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