Infosys

Growth accelerates in Q2 with resilient operating margins - Seite 2

expanding our college graduates hiring program to ~45,000 for the year.
Simultaneously, we continue to strengthen employee value proposition including
health and wellness measures, reskilling programs, appropriate compensation
interventions and enhanced career growth opportunities", said Pravin Rao, Chief
Operating Officer . "With over 86% of Infoscions in India having received at
least one dose of 'vaccination', we are now preparing to embrace the hybrid work
model. We have equipped employees with the resources they need to be productive,
cyber secure, stay connected, and maintain a work-life balance. Our talent
strategy also factors in expanded hiring pools that include new communities and
work locations", he added.

"Our operating margins for Q2 were resilient; the impact of enhanced employee
value proposition initiatives was offset by strong operating parameters, cost
optimization and operating leverage. We will continue to invest in our employees
to remain a preferred employer-of-choice and seamlessly fulfill client demand",
said Nilanjan Roy, Chief Financial Officer. "Cash generation remained robust. We
have executed the capital allocation policy with the successful closure of share
buyback and step up in interim dividend to `15 per share", he added.

2. Capital Allocation

The company has completed the open market share buyback on September 8 at an
average price of ~INR1,649 per share (compared to maximum Buyback Price of
INR1,750 per share). Consequently, the share capital of the company has reduced
by 1.31%. With this, the company has returned ~82% of the free cash flow for
FY20 and FY21 through dividends and buyback.

The Board has announced interim dividend of `15 per share for FY22.

3. Client wins & Testimonials

- Infosys recently launched Infosys Equinox to help enterprises securely deliver
hyper-segmented, personalized omnichannel commerce experiences for B2B and B2C
buyers . Eric Nelson, Chief Information Officer North America, The Kraft Heinz
Company , said, "Infosys Equinox serves us as a digital hub powering over 250
of our global brand sites, B2B ecommerce and recipe sites, as well as
direct-to-consumer (D2C) initiatives. We are able to launch new brand sites in
as little as 3 to 5 days. The platform also supports our hyper-personalization
initiatives and distills real-time insights for our marketing programs. With
Infosys Equinox, we at Kraft Heinz are well set to offer richer, more
personalized, and meaningful experiences to our consumers."
- Infosys inaugurated its Automotive Digital Technology and Innovation Center in