The earnings call reflected a generally positive outlook with strong revenue growth, significant large deal wins, and robust cash flow. Despite some sector-specific challenges, especially in the automotive and communication sectors, the company's overall performance and strategic initiatives, particularly in AI, suggest a strong position moving forward.

Company Guidance

During the Q3 FY '25 earnings call for Infosys Limited, key financial and operational metrics were highlighted, demonstrating robust performance and strategic advancements. Revenue increased by 1.7% quarter-on-quarter and 6.1% year-on-year in constant currency terms, with significant growth in Europe and India. The company reported large deal wins totaling $2.5 billion, with 63% being net new. Operating margin stood at 21.3%, and free cash flow reached a record $1.26 billion. The headcount rose by over 5,000, reaching 323,000 employees globally. Financial services in the U.S. maintained strong growth, and there was a revival in the European financial services sector. Infosys also revised its revenue growth guidance to 4.5% to 5% in constant currency, while maintaining its operating margin guidance at 20% to 22%. The company is leveraging generative AI, with over 100 new AI agents under development, showcasing its commitment to innovation and efficiency in client operations.

Revenue Growth

The company's revenue grew 1.7% quarter-on-quarter and 6.1% year-on-year in constant currency terms in Q3.

Large Deals

Large deal total contract value (TCV) for the quarter was $2.5 billion, with 63% being net new, which is an increase of 57% in net new deal TCV.

Operating Margin and Cash Flow

Operating margin at 21.3%, with free cash flow for the quarter at an all-time high of $1.26 billion, an increase of 90% year-on-year.

Headcount and Attrition

Headcount grew by over 5,000 sequentially to 323,000 employees worldwide, with attrition remaining low at 13.7%.

European and U.S. Growth

Double-digit growth in Europe at 12.2% and improvement in the U.S. financial services sector.

Generative AI Initiatives

Infosys Topaz, their generative AI-powered services and solutions, is being actively deployed with over 100 new AI agents being developed.

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Infosys (INFY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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INFY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 16, 2018	2019 (Q2)	- / 0.13	0.125	2.40% (<+0.01)	―	―
Jan 11, 2019	2019 (Q3)	- / 0.12	0.175	-31.43% (-0.05)	―	―
Apr 12, 2019	2019 (Q4)	- / 0.13	0.13	0.00% (0.00)	―	―
Jul 12, 2019	2020 (Q1)	- / 0.13	0.121	7.44% (<+0.01)	―	―
Oct 11, 2019	2020 (Q2)	- / 0.13	0.128	1.56% (<+0.01)	―	―
Jan 10, 2020	2020 (Q3)	- / 0.15	0.12	25.00% (+0.03)	―	―
Apr 20, 2020	2020 (Q4)	- / 0.14	0.13	7.69% (+0.01)	―	―
Jul 15, 2020	2021 (Q1)	- / 0.13	0.13	0.00% (0.00)	―	―
Oct 14, 2020	2021 (Q2)	- / 0.15	0.13	15.38% (+0.02)	―	―
Jan 13, 2021	2021 (Q3)	- / 0.17	0.15	13.33% (+0.02)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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INFY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 16, 2025	$22.89	$21.57	-5.77%
Oct 17, 2024	$22.68	$22.44	-1.06%
Jul 18, 2024	$20.33	$22.04	+8.41%
Apr 18, 2024	$16.49	$16.06	-2.61%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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