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Infosys Limited (NYSE:INFY ) Q2 2025 Earnings Conference Call October 17, 2024 8:30 AM ET Company Participants Salil Parekh - Chief Executive Officer Jayesh Sanghrajka - Chief Financial Officer Sandeep Mahindroo - Head of Investor Relations Conference Call Participants Gaurav Rateria - Morgan Stanley Bryan Bergin - TD Cowen Jonathan Lee - Guggenheim Securities Vibhor Singhal - Nuvama Equities Kumar Rakesh - BNP Paribas Rishi Jhunjhunwala - IIFL Equities Jamie Friedman - Susquehanna International Group Nitin Padmanabhan - Investec Abhishek Kumar - JM Financial Keith Bachman - BMO Capital Prashant - Manik Taneja - Axis Capital Sandeep Shah - Equirus Securities Girish Pai - BOB Capital Markets Operator Ladies and gentlemen, good day and welcome to the Infosys Limited Q2 FY25 earnings conference call. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

The headline numbers for Infosys (INFY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Infosys , India's No.2 IT services exporter, beat second-quarter revenue estimates on Thursday, helped by a recovery in demand from its key financial industry clients.

Establishes state-of-the-art global capability center in India to drive AI-led innovation MUNICH and BENGALURU, India , Oct. 10, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with zooplus, a leading European e-commerce company based in Munich, Germany, to enhance its service capability and scalability. The collaboration will establish a state-of-the-art Global Capability Center (GCC) in Hyderabad, India.

In conjunction with Microsoft, Infosys Cobalt, Topaz, and Aster will aim to enhance customer experiences and drive global adoption of enterprise AI BENGALURU, India , Oct. 9, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced an expansion of its collaboration with Microsoft to help accelerate customer adoption of generative AI and Microsoft Azure, globally. The strategic collaboration is aimed at helping Infosys' and Microsoft's joint customers realize the value of their technology investments and secure transformative outcomes.

EVANSVILLE, Indiana , Oct. 8, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Old National Bank (NASDAQ: ONB), the sixth largest commercial bank headquartered in the Midwest, recently entered into a strategic expansion of their four-year collaboration. This deepening of a highly successful relationship enables Old National to leverage Infosys services, solutions and platforms for operations transformation and process digitization powered by automation and GenAI, and transformation of key business areas.

Infosys Topaz will deliver accelerated business value from AI and future-proof the business BENGALURU, India and DENTON, Texas , Sept. 26, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced its strategic collaboration with Sally Beauty Holdings, Inc. (SBH), an American international specialty beauty retailer and distributor of professional beauty supplies.

Infosys is at a medium-term inflection point, with strong growth estimates in FY26 and FY27 approaching after a relatively flat FY24. Based on my market psychology analysis, I believe the stock could deliver a total return of approximately 15% over the next 12 months. While the medium-term thesis is strong, the longer-term thesis faces broader risks, including AI growth slowdown and Western macroeconomic recession.

While INFY is benefiting from major deal wins and rapid growth in digital services, its high valuation may cap further stock gains.

To enhance digital capabilities, improve automation, refine data, and embed further AI capabilities LONDON , Sept. 17, 2024 /PRNewswire/ -- Metro Bank, the UK's community bank, has entered into a long-term collaboration with Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank's business operations.