Infosys Q2 Results FY25 reported around a 5% year-on-year growth in the consolidated net profit. On the Infosys Q2 results date which was October 17, 2024, the Infosys share price closed at ₹1,968.10. On October 18, 2024, Infosys share price opened at ₹1,893.80. So, let’s get into the details of India’s second-largest information technology (IT) service company’s Q2 FY25 earnings, revenue, and segment updates.
Key Highlights of the Infosys Q2 Results FY25
1. Consolidated Net Profit at ₹6,506 crores, up 4.7% YoY
Infosys Q2 results for the financial year 2024-25 showed that consolidated net profit was ₹6,506 crores which was higher than the Q2 FY24 profit of ₹6,212 crores.
2. Consolidated Revenue at ₹40,986 crores, up 5.1% YoY
The consolidated revenue from operations for Q2 FY25 was ₹40,986 crore as compared to the revenue of Q2 FY24 at ₹38,994 crores.
3. Consolidated FCF at ₹7,010 crores, up 26.6% YoY
Infosys results 2024 showed that the free cash flow was ₹7,010 crores in Q2 FY25, higher than Q2 FY24 FCF of ₹5,536 crores.
Here is the summary of the Infosys Q2 Results for different periods covering consolidated revenue, expenses, and profit:
| Particulars | Q2 FY25 | Q2 FY24 | Q1 FY25 | YoY Growth | QoQ Growth |
|---|---|---|---|---|---|
| Revenues | 40,986 | 38,994 | 39,315 | 5.1% | 4.2% |
| Total Operating Expenses | 3,863 | 3,689 | 3,850 | 4.7% | 0.3% |
| Operating Profit | 8,649 | 8,274 | 8,288 | 4.5% | 4.4% |
| Operating Margin (%) | 21.1% | 21.2% | 21.1% | -0.1% | 0.0% |
| Net Profit | 6,506 | 6,212 | 6,368 | 4.7% | 2.2% |
| Free cash flow (FCF) | 7,010 | 5,536 | 9,155 | 26.6% | -23.4% |
| Consolidated cash and investments | 38,767 | 34,635 | 35,943 | 11.9% | 7.9% |
| Basic EPS (₹) | 15.71 | 15.01 | 15.38 | 4.7% | 2.1% |
| Dividend Per Share (₹) | 21 | 18 | – | 16.7% | – |
(in ₹ crores)
Infosys Q2 Results 2024: Interim Dividend
Infosys, the second largest software exporter of India, has announced an interim dividend of ₹21 per share which is 16.7% YoY higher than the previous year. The record date is set at October 29, 2024, and the payout date is November 8, 2024. In FY24, the company paid a special dividend of ₹8, an interim dividend of ₹18, and a final dividend of ₹20 to the shareholders.
Infosys Q2 Results 2024: FY25 Guidance
- FY25 revenue guidance was revised to 3.75% – 4.5% in constant currency terms higher than the previous guidance of 3% – 4% set in July.
- Operating margin guidance for FY25 remained unchanged at 20% – 22%.
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Infosys Results 2024 declared that the company had a TCV (total contract value) of large deal wins at $2.4 billion in Q2 FY25 and it had 41% of net new deals. The financial services segment has the biggest share in the Q2 Infosys revenue at 27.2%. The revenue growth of the financial services sector was 2.8% YoY in Q2 FY25. The highest revenue growth was generated in the manufacturing segment at 13.5% YoY. The biggest fall in revenue was registered in the retail segment at 9.2% YoY.
| Business Segment | Q2 FY25 | Q2 FY24 | Q1 FY25 | YoY Revenue Growth |
|---|---|---|---|---|
| Financial Services | 27.2% | 27.5% | 27.5% | 2.8% |
| Retail | 13.3% | 15.2% | 13.8% | -9.2% |
| Communication | 11.9% | 11.4% | 12.1% | 7.9% |
| Energy, Utilities, Resources & Services | 13.5% | 12.7% | 13.3% | 10.7% |
| Manufacturing | 15.7% | 14.3% | 14.7% | 13.5% |
| Hi-Tech | 8.0% | 7.8% | 8.0% | 5.6% |
| Life Sciences | 7.3% | 7.8% | 7.3% | -2.8% |
| Others | 3.1% | 3.3% | 3.3% | -2.4% |
In the Infosys Q2 Results FY25, North America has the highest share of 57.4% in revenue. However, this region had a 2.6% YoY fall in revenue. Europe, the second-largest contributor in the IT major revenue has a 16.7% YoY growth in revenue in Q2 FY25. India had a minimal share in the Infosys Q2 FY25 revenue but it had positively grown by 14.7%.
| Client Region | Q2 FY25 | Q2 FY24 | Q1 FY25 | YoY Revenue Growth |
|---|---|---|---|---|
| North America | 57.4% | 61.1% | 58.9% | -2.6% |
| Europe | 29.8% | 26.5% | 28.4% | 16.7% |
| Rest of the world | 9.7% | 9.6% | 9.6% | 4.8% |
| India | 3.1% | 2.8% | 3.1% | 14.7% |
Infosys Q2 Results 2024: Employee Count
Infosys results posted that there is an increase of around 2,500 employees in Q2 FY25 from the Q1 FY25. As compared to the year-ago period, the employee headcount fell by around 11,000. The attrition rate (a measure of employees leaving the company) fell to 12.9% in Q2 FY25 from 14.6% in Q2 FY24.
| Employee Metrics | Q2 FY25 | Q2 FY24 | Q1 FY25 |
|---|---|---|---|
| Total employees | 3,17,788 | 3,28,764 | 3,15,332 |
| Voluntary Attrition | 12.9% | 14.6% | 12.7% |
Conclusion
Infosys Q2 results 2024 had a positive rise in revenue and profit as the growth was broad-based with the financial services segment momentum. The company holds expertise in next-generation digital services and consulting services. It has capabilities in the cloud with Cobalt and generative AI with Topaz. Keep exploring stocks and open demat account with SMC Global Securities. Stay tuned for the upcoming Nifty 50 companies quarterly results.
Reference
https://www.infosys.com/investors/reports-filings/quarterly-results/2024-2025/q2/documents/ifrs-inr-press-release.pdf
Author: All Content is verified by SMC Global Securities.
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