Infosys Ltd: Result Update - Q2 FY24
17-10-2023

Particulars

Q2FY24

YoY-Trend

Comments

Revenue

38,994

7%

Within verticals, manufacturing and life-sciences verticals outperformed, while BFSI, Communications, and hi-tech lagged.
EBIDTA

9,440

6%

 
Margins

24.2%

-0.2%

 
PAT

6,215

3%

 

Results were muted as expected; however, FY24E guidance being further reduced to 1-2.5% was a big miss.

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