Q1-FY24 · Salil Parekh
We had a strong quarter in Q1. Our Q1 growth was solid at 4.2% year-on-year and 1% quarter-on-quarter in constant currency.
INFY / language trends
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Infy · tone and specificity signals across the available quarters.
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Language signals
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Q1-FY24 · Salil Parekh
We are changing our revenue growth guidance for this financial year to growth of 1%-3.5% in constant currency.
Q1-FY24 · Salil Parekh
We have an ambition to improve our operating margin in the future periods. Our operating margin guidance for the financial year remains unchanged at 20%-22%.
Q1-FY25 · Salil Parekh
We started the financial year with a strong performance in quarter one across multiple dimensions, including broad-based revenue growth, expansion operating margins, strong large deal wins, and strong cash generation.
Q1-FY25 · Salil Parekh
We are seeing early signs of improvement in financial services vertical in the U.S.
Q1-FY25 · Jayesh Sanghrajka
We are very confident of our margin guidance.
Q1-FY26 · Salil Parekh
We had a strong start to a financial year. Our revenues grew 2.6% sequentially and 3.8% year-on-year in constant currency terms.
Q1-FY26 · Jayesh Sanghrajka
While Q1 was strong, if you look at the environment underlying, it hasn't really changed. Q2, we are not really seeing the signs of significant environment changes.
Q1-FY26 · Salil Parekh
We are the only large India-based technology services company to be positioned as a leader in Gartner's 1st Generative AI Consulting and Implementation Services quadrant.
Q2-FY24 · Salil Parekh
Our growth was 2.3% quarter-on-quarter and 2.5% year-on-year in constant currency. Our operating margin was at 21.2%. Large deals was of the highest ever for us at $7.7 billion, and 48% of this was net new.
Q2-FY24 · Salil Parekh
We are changing our growth guidance for this financial year to be growth of 1% to 2.5% in constant currency. Our operating margin guidance for the financial year remains unchanged at 20%-22%.
Q2-FY24 · Salil Parekh
These large and mega deal wins help us to build a strong foundation for our future. We continue to see the overall environment where digital transformation programs and discretionary spends are low and decision-making is slow.
Q2-FY25 · Salil Parekh
We had a strong performance in Q2, with robust and broad-based growth, stable operating margins, strong cash generation, strong large deals, and increased employee headcount.
Q2-FY25 · Jayesh Sanghrajka
Our aspiration continues to remain to increase our margins in the midterm.
Q2-FY25 · Salil Parekh
We are building enterprise-wide generative AI platforms. We're building a small language model that will be rolled out across industries, and we've launched already what are called multi-agent solutions.
Q2-FY26 · Salil Parekh
We had a strong performance in Q2 with increased market share gains.
Q2-FY26 · Salil Parekh
Our client interactions show strong focus on deploying AI across the enterprise for growth and on cost-efficiency programs.
Q2-FY26 · Satish HC
We are delivering more than 2,500 generative AI and AI projects and 200+ agentic AI projects for our clients.
Q3-FY24 · Salil Parekh
We see lower traction for digital transformation programs and more activity for cost and efficiency programs and increasing interest in generative AI programs.
Q3-FY24 · Nilanjan Roy
Our large deal TCV is over $13 billion, which is the highest ever for any comparative period.
Q3-FY24 · Salil Parekh
We have 100,000 employees trained in generative AI areas.
Q3-FY25 · Salil Parekh
Our revenue grew 1.7% quarter on quarter and 6.1% year on year in constant currency terms.
Q3-FY25 · Salil Parekh
Large deals were at $2.5 billion. Operating margin at 21.3%. Free cash flow for the quarter was at an all-time high of $1.26 billion.
Q3-FY25 · Salil Parekh
In generative AI, we have built four small language models for banking, for IT operations, for cyber security and broadly for enterprises.
Q3-FY26 · Salil Parekh
We are witnessing six AI-led value pools emerging that could unlock a large incremental opportunity for us.
Q3-FY26 · Jayesh Sanghrajka
Our adjusted operating margins increased by 20 basis points sequentially to 21.2%.
Q3-FY26 · Jayesh Sanghrajka
We are now a preferred AI partner for top 15 out of 25 banking clients.
Q4-FY24 · Salil Parekh
Our large deal wins in the prior financial year will help us in financial year 2025 for our revenue.
Q4-FY24 · Jayesh Sanghrajka
We have called out that we expect BFSI in FY 2025 to be better than FY 2024.
Q4-FY24 · Jayesh Sanghrajka
We are not guiding which part of the 2022 we will be. As I said earlier, our endeavor is to improve margins from where we are.
Q4-FY25 · Salil Parekh
We feel the performance has been solid all around across the year.
Q4-FY25 · Jayesh Sanghrajka
At the bottom end of the guidance, we have baked in some deterioration in the environment, some heightened uncertainty.
Q4-FY25 · Salil Parekh
We have not seen a change in that. However, the guidance has factored in what we anticipate in different scenarios because all of this is happening in the last few days.
Q4-FY26 · Salil Parekh
We see a large addressable market for AI services across six areas: AI strategy and engineering, data process, legacy modernization, physical AI and trust.
Q4-FY26 · Jayesh Sanghrajka
The competitive intensity in the market has gone up and the productivity will get passed back to the client.
Q4-FY26 · Salil Parekh
We have not seen in one or two quarters the change that you referenced. Though what we are seeing is a competitive intensity is pretty high.