IT major Infosys reports 14 per cent PAT growth in Q2FY19

Infosys consolidated revenue for the quarter came in at Rs. 20609 crore, registering an increase of 7.74 per cent QoQ. In USD terms, Q2FY19 revenues rose by 3.2 per cent QoQ, while in constant currency terms, the revenue grew by 4.2 per cent QoQ. Notably, Infosys’ digital revenues, which form almost 31 per cent of total revenue, grew by nearly 14 per cent on a QoQ basis. 

The company's EBITDA for the quarter rose by 13.91 per cent QoQ to Rs. 5357 crores with a corresponding margin expansion of 141 bps. The EBITDA margin for the quarter stood at 25.99 per cent. 

The PAT for the quarter came in at Rs. 4110 crore, an increase of 13.79 per cent QoQ. 

During the quarter, large deal wins crossed USD 2 billion. The company’s management maintained its FY19 revenue guidance in constant currency terms at 6 to 8 per cent and operating margin guidance retained at 22 to 24 per cent. 

The board of directors have declared an interim dividend of Rs 7 per equity share and has fixed record date of October 27, 2018 for paying the interim dividend.