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Business News » India News

Infosys Q2 result highlights: Net profit jumps to Rs 4,110 cr, dividend announced

Infosys Q2 Results Highlights: The company said that it has witnessed a 'broad-based growth across all business segments and geographies during the quarter'. 

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Infosys Q2 result highlights: Net profit jumps to Rs 4,110 cr, dividend announced
Infosys Q2 result highlights: Infosys has declared interim dividend of Rs 7 per share.
Written By: ZeeBiz WebTeam
Updated: Tue, Oct 16, 2018
05:30 pm
ZeeBiz WebDesk
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Infosys Q2 result highlights: Second quarter (July-September quarter) earnings beat analysts’ expectations. Infosys today announced its Q2 results for quarter ended September 30, 2018. In a statement, the IT major revealed that Infosys Q2 consolidated net profit jumped 10.3% year-on-year to Rs 4,110 crore, revenue up 17.3% at Rs 20,609 crore. The reason behind the jump are its US banking clients. The company said that it has witnessed a 'broad-based growth across all business segments and geographies during the quarter'.

Infosys CFO Ranganath D Mavinakere termed the quarter's performance as a 'Blockbuster' one. Check out the key highlights:

1. Net profit at Rs. 4,110 crores; YoY growth of 10.3%
2. 4.2%: Q2 FY19 QoQ revenue growth in CC terms
3. 31.0%: Digital revenue share in Q2 FY19
4. 7.1%: H1 19 YoY revenue growth in CC terms
5. 23.7%: Operating margin in Q2 FY19
6. Q2 19 revenues grew year-on-year by 17.3% in INR terms; 8.1% in constant currency terms
7. Q2 19 revenues grew sequentially by 7.7% in INR terms; 4.2% in constant currency terms
8. Digital revenues at $905 million (31.0% of total revenues), year-on-year growth of 33.5% and sequential growth of 13.5% in constant currency terms
9. H1 revenues grew by 14.7% in INR terms; 7.1% in constant currency terms
10. Operating margin 23.7%, at higher end of guidance range
11. Q2 19 Basic EPS grew year-on-year by 16.0% in INR terms
12. Large deal wins crossed $2 billion
13. Declared interim dividend of Rs 7 per share
14. FY 19 revenue guidance in constant currency retained at 6%-8%; Operating margin guidance retained at 22%-24%
15. INR: Revenue was Rs. 20,609 crores for the quarter ended Sep 30, 2018; YoY growth was 17.3% 
16. North America grew by 3.7% sequentially; and 3.8% in constant currency 
17. Europe grew by 1.8% sequentially; and 4.0% in constant currency
18. Rest of the world grew by 3.9% sequentially; and 6.8% in constant currency
19. Vertical Metrics: EURS grew by 1.9% sequentially; and 2.8% in constant currency
20. Vertical Metrics: Retail grew by 4.9% sequentially; and 5.9% in constant currency
21. Vertical Metrics: MFG grew by 3.7% sequentially; and 4.8% in constant currency
22. Vertical Metrics: Financial services grew by 4.7% sequentially in reported terms; and 5.8% in constant currency
23. Gross addition of more than 19,700 employees in Q2FY19
24. 217,739 employees, as on Sep 30, 2018
25. USD: EPS was $ 0.26 for the half year ended Sep 30, 2018; YoY growth was 4.8%
26. INR: EPS was Rs. 17.76 for the half year ended Sep 30, 2018

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The company has recently allotted 2,18,41,91,490 fully paid up equity shares of face value Rs 5 each during the three months ended September 30, 2018 pursuant to a bonus issue approved by the shareholders through postal ballot. The bonus shares have been issued to celebrate 25th year of public listing in India.

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Infosys
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