Infosys Q2 Results | Quarterly Earnings ANNOUNCED! Check Net Profit, Interim Dividend, Buyback News - FULL DETAILS

Written By: Prashant V. Singh Updated on: October 13, 2022, 06.32 PM IST

Infosys Quarterly Results, Q2FY23 Earnings Announcement, Interim Divided, Share Buyback News HIGHLIGHTS: IT behemoth Infosys (NSE, BSE, NYSE: INFY) has announced results for the second quarter ended September 30, 2022 on Thursday, October 13, 2022 around 4.15 p.m. Indian Standard Time (IST). Here are all the DETAILS of Infosys Quarterly Results, Q2FY23 Earnings Announcement, Share Buyback Decision, Interim Dividend and more:-

Infosys Quarterly Results, Q2FY23 Earnings Announcement, Interim Divided, Share Buyback News HIGHLIGHTS: IT behemoth Infosys (NSE, BSE, NYSE: INFY) has announced results for the second quarter ended September 30, 2022 on Thursday, October 13, 2022 around 4.15 p.m. Indian Standard Time (IST)Here are all the DETAILS of Infosys Quarterly Results, Q2FY23 Earnings Announcement, Share Buyback Decision, Interim Dividend and more:-

Latest Updates

  • Infosys Q2FY23 Results: Earnings DETAILS

    -IT company Infosys' consolidated net profit rises 11 pc year-on-year to Rs 6,021 crore in September quarter: Regulatory filing

    -Infosys announces share buyback worth Rs 9,300 crore: Regulatory Filing

  • WATCH FULL VIDEO: Infosys Q2FY23 Results, Earnings Announcement Press Conference

    Watch the live media interaction with Infosys management on the company's performance in Q2FY23.

  • Infosys Q2FY23 Results: Quarterly Earnings Announcements - KEY TAKEAWAYS/HIGHLIGHTS

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    - India grew by 36.4% YoY in constant currency

    -Europe grew by 28.5% YoY in constant currency

    - North America grew by 15.6% YoY in constant currency

    -FY23 Revenue growth guidance changed to 15%-16% in constant currency terms

    -FY 23 Operating margin guidance changed to 21% to 22%

    -Revenues at Rs.36,538 crores; YoY growth of 23.4% in reported terms

    -Operating profit at $979 million; YoY growth of 4.0%

    - Operating profit at Rs.7,873 crore; YoY growth of 12.9%

    -Operating margin at 21.5%

    -Net profit was $748 million for the quarter ended Sep 30, 2022

    -Net profit was Rs.6,021 crores for the quarter ended Sep 30, 2022

    -Basic EPS was $0.18 for the quarter ended Sep 30, 2022

    -Basic EPS was Rs.14.35 for the quarter ended Sep 30, 2022

    -103 new clients added in Q2FY23; client count 1,779

    -Added 4 new clients in $100 mn+ client category, YoY

    -Utilization including trainees at 76.6%; utilization excluding trainees at 83.6%

    -Voluntary attrition for IT services increased to 27.1%

    -345,218 employees, as on Sep 30, 2022

    -Vertical Metrics: Financial Services grew by 11.5% YoY in constant currency

    -Vertical Metrics: Communication grew by 18.4% YoY in constant currency

    -Vertical Metrics: EURS grew by 24.3% YoY in constant currency

    -Vertical Metrics: Manufacturing grew by 45% YoY in constant currency

    -Vertical Metrics: Hi Tech grew by 9.9% YoY in constant currency

    - FY 23 Board announced buy back of 9,300 crores

  • Infosys Q2FY23 Results: Quarterly Earnings Announcements - KEY TAKEAWAYS/HIGHLIGHTS

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    -Revenues at Rs.36,538 crores; YoY growth of 23.4% in reported terms

    -Operating profit at $979 million; YoY growth of 4.0%

    - Operating profit at Rs.7,873 crore; YoY growth of 12.9%

    -Operating margin at 21.5%

    -Net profit was $748 million for the quarter ended Sep 30, 2022

    -Net profit was Rs.6,021 crores for the quarter ended Sep 30, 2022

    -Basic EPS was $0.18 for the quarter ended Sep 30, 2022

    -Basic EPS was Rs.14.35 for the quarter ended Sep 30, 2022

    -103 new clients added in Q2FY23; client count 1,779

    -Added 4 new clients in $100 mn+ client category, YoY

    -Utilization including trainees at 76.6%; utilization excluding trainees at 83.6%

    -Voluntary attrition for IT services increased to 27.1%

    -345,218 employees, as on Sep 30, 2022

    -Vertical Metrics: Financial Services grew by 11.5% YoY in constant currency

    Vertical Metrics: Communication grew by 18.4% YoY in constant currency

    Vertical Metrics: EURS grew by 24.3% YoY in constant currency

    Vertical Metrics: Manufacturing grew by 45% YoY in constant currency

    Vertical Metrics: Hi Tech grew by 9.9% YoY in constant currency

  • Infosys Q2FY23 Results: Declared an interim dividend of ₹ 16.50/- per equity share

    Fixed October 28, 2022 as record date for interim dividend and November 10, 2022 as payout date.

  • Infosys Q2FY23 Quarterly Earnings Results: Revenues at $4,555 million; YoY growth was 18.8% in constant currency and 13.9% in reported terms

  • Infosys Q2FY23 Quarterly Earnings Results: Operating profit at $979 million; YoY growth of 4.0%

  • Infosys Q2FY23 Quarterly Earnings Results: USD: Revenues at $4,555 million; YoY growth was 18.8% in constant currency and 13.9% in reported terms

  • LIVE: Infosys Q2 Results | Quarterly Earnings ANNOUNCED! Net Profit Rises 11% YoY to Rs 6,021 Crores - ALL DETAILS HERE 

  • WATCH LIVE: Infosys Q2FY23 Results Press Conference

    Watch the live media interaction with Infosys management on the company's performance in Q2FY23.

  • Infosys will announce results for the second quarter ended September 30, 2022 at 3.45 p.m. Indian Standard Time (IST). 

  • Infosys Quarterly Results, Q2FY2023 Earnings Announcement: Earnings call

    The company will conduct a single 60-minute conference call on October 13, 2022, at 5:30 p.m. IST (8:00 a.m. ET; 5:00 a.m. PST; 1:00 p.m. London time; 8:00 p.m. Singapore/Hong Kong time) (open to investors/analysts in all regions), where the senior management will discuss company's performance and answer questions from participants. 

  • WATCH LIVE: Infosys Q2FY23 Press Conference: Watch the live media interaction with Infosys management on the company's performance in Q2FY23.

  • Infosys Share Price Today: Stock Movement Ahead of Q3FY23 Results 

  • Q2FY2023 Earnings: Infosys to Announce Second Quarter Results Today

    Infosys (NSE, BSE, NYSE: INFY), will announce results for the second quarter ended September 30, 2022 on Thursday, October 13, 2022 around 3.45 p.m. Indian Standard Time (IST) (6:15 a.m. ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). 

  • Infosys Q2FY23 results to be announced on Oct 13, 2022.

  • Last year, the Infosys board had approved an up to Rs 9,200 crore buyback plan, which commenced on June 25, 2021.

     

  • Under a share buyback or repurchase, a company buys back its own shares from investors or shareholders. It is seen as an alternative, tax-efficient way to return money to shareholders.

  •  

    The board will finalise the company's second quarter results on October 13.

  • The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on October 13, 2022, in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, Infosys said in a regulatory filing.

  • IT major Infosys Ltd on has said its board would decide on a proposal for share buyback in its meeting to be held on Thursday. 

  • Infosys will announce results for the second quarter ended September 30, 2022 on Thursday, October 13, 2022 around 3.45 p.m. Indian Standard Time (IST) (6:15 a.m. ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time).

     

  • Infosys Quarterly Results - Q2FY23 Earnings Announcement: Press Conference: WATCH LIVE

  • Infosys Quarterly Results - Q2FY23 Earnings Announcement: 

    This event will be webcast live on the Investor Relations section of Infosys website, following which it will
    be archived.

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    The archive will be available after 7:00 p.m. IST on October 13, 2022 (after 9:30 a.m. ET). 

    In addition, a transcript of the conference call will be available.

  • Infosys Quarterly Results - Q2FY23 Earnings Announcement: Earnings call time

    (5:30 p.m. IST; 8:00 a.m. ET)

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    The company will conduct a single 60-minute conference call on October 13, 2022, at 5:30 p.m. IST (8:00 a.m. ET; 5:00 a.m. PST; 1:00 p.m. 

    London time; 8:00 p.m. Singapore/Hong Kong time) (open to investors/analysts in all regions), where the senior management will discuss company's performance and answer questions from participants. 

    To participate in the conference call, please dial the numbers provided below 10 – 15 minutes before the scheduled start time of the call. 

    During this time, the operator will provide instructions on how to ask questions. Alternatively, you can also pre-register yourself using the DiamondPass link provided below, which will enable you to connect to the conference call without having to wait for an operator. 

    As participation in the call is limited, early registration is encouraged, Infosys said.

  • Infosys Quarterly Results - Q2FY23 Earnings Announcement: Webcast of conference call

    October 13, 2022 5:30 p.m. (IST)

  • Infosys Quarterly Results - Q2FY23 Earnings Announcement: Common press conference time

    (4:00 p.m. IST; 6:30 a.m. ET)

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    The leadership team will be part of a common press conference at 4:00 p.m. IST on October 13, 2022. 

    The participating executives will address questions from the media during this interaction, which will be
    streamed live on the Investor Relations section of Infosys website, following which it will be archived.

    The archive will be available after 6:00 p.m. IST on October 13, 2022 (after 8:30 a.m. ET). 

  • Infosys Results for the Second Quarter ended September 30, 2022

    Infosys will announce results for the second quarter ended September 30, 2022 on Thursday, October 13, 2022.

     

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