Infosys attrition rate drops in Q1, employee headcount falls marginally
₹5,945 crore, but lowered full year growth outlook to 1-3.5 per cent amid macro uncertainties. “We had a solid Q1 with a growth of 4.2% and large deals of $2.3 billion which helps us to set a strong foundation for future growth.
Our generative AI capabilities are expanding well, with 80 active client projects. Topaz, our comprehensive AI offering, is resonating well with clients.
We see this being transformative for clients and enhancing our overall service portfolio" said Salil Parekh, CEO and MD. “We have expanded the margin improvement program with a holistic set of actions for the short, medium and long-term, working on five key areas, supported by our leadership team", he added.
The net profit (before minority interest) during the same period previous year stood at ₹5,362 crore. The company posted a revenue growth of 10 per cent to ₹37,933 crore, up from ₹34,470 crore in the year ago period.
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