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Infosys CEO Vishal Sikka on Q3 results: Top 10 points to know, from attrition to innovation

Fri January 15 2016, 11:20 pm
  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    New strategic initiatives of Infosys CEO Vishal Sikka have started to pay dividends to the company as well as shareholders, justifying their faith as well as that of co-founder NR Narayana Murthy. Here Vishal Sikka speaks about the positive environment and strategies within the company which have brought it so much success recently. Here are the top 10 points he made: (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    1. Infosys CEO Vishal Sikka: There is a lot of seasonality in the Q3 results. Earlier, when we were looking ahead we anticipated some headwinds and then there was the unfortunate Chennai floods. Overall in this quarter, we saw broad based growth largely coming through innovation. I am a believer in innovation. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    2. Infosys CEO Vishal Sikka: We are seeing a tremendous disruption in the world of computing and the need of the hour is innovation. Infosys is perfectly aligned to deliver. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    3. Infosys CEO Vishal Sikka: We saw growth in Finacle and in our acquisitions. This has set us up for a good year ahead. Overall, I am extremely pleased with our performance and hence we are increasing our guidance. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    4. Infosys CEO Vishal Sikka: It is difficult to pinpoint any particular reason behind this growth at Infosys. There is a tremendous sense of optimism and positive feeling in the company. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    5. Infosys CEO Vishal Sikka: Though it is still early for big results to kick in from our new initiatives but our deal wins ratio has improved and there has been a fall in attrition level. Overall, things have started to kick in with better deals and higher delivery excellence. (Reuters)

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    6. Infosys CEO Vishal Sikka: The overall business climate looks good. We are comfortable with the forthcoming Q4 with our improved ability to execute. We have the confidence to get to industry leading growth and the momentum is sustainable. (Reuters)

  • infosys results q4 2016, infosys results, infosys results 2016, infosys share price, vishal sikka, vishal sikka infosys, infosys results date

    Top 5 key takeaways from Q3 results - Infosys reported its Q3 results in January 14, 2016. Investors cheered the results as its shares trended up 5.14 per cent at Rs 1137.95 then. 1. NET PROFIT: Infosys reported 6.6 per cent year-on-year and 1.97 per cent quarter-on-quarter growth in its consolidated net profit figures to Rs 3,465 crore for the quarter ended December 30, 2015; 2. REVENUE: Consolidated revenue of the company jumped 15.26 per cent yoy and 1.70 per cent qoq to Rs 15,902 crore; 3. OPERATING PROFIT: It fell marginally to Rs 3,959 crore for the quarter ended December 2015 from Rs 3,993 crore in the sequential quarter ended September 2015; 4. OUTLOOK: For the financial year ended March 2016, the company increased revenue growth guidance to 12.8 per cent-13.2 per cent in constant currency and 16.2 per cent-16.6 per cent in rupee terms as on December 31, 2015 exchange rates; 5. ATTRITION: It declined to 13.4 per cent on standalone basis and 18.1 per cent on consolidated basis. ABOUT INFOSYS LTD: Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.(Reuters)

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    8. Infosys CEO Vishal Sikka: Building more expertise in the area of consulting design is very important to us and we will continue to invest in that. When it comes to the digital area, the ability to design experiences and get software into areas where software never existed before is also an area of growth for us. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    9. Infosys CEO Vishal Sikka: As far as consulting is concerned, the traditional form of consulting is dominated by implementing package system. The future of consulting is more like design thinking, where we can help our clients identify problems in strategic work areas. We are shaping our consulting business in this direction. (Reuters)

  • Infosys Q3 Results, infosys q3 results 2016, Q3 results Infosys, Infosys CEO Vishal Sikka, Vishal Sikka Q3 results, Vishal Sikka Infosys Quarter Results

    10. Infosys CEO Vishal Sikka: As far as top Infosys accounts are concerned, our engagement with top 25 clients has never been stronger. On a broad scale, the world around us is going through a dramatic transformation and we have the ability in terms of capability, skills , access to help these clients achieving this objective. (Reuters)

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