Logging on to the webcast on the ‘Earnings Conference Call’ held between the management of Infosys and the rest of the callers on 13th April 2007, really gave an insight into Infosys managment, their performance this quarter and their projection for the next. One thing that enthralled me was the clarity of vision that the managment had and this really did make the differnece on the performance of Infosys.
Infosys expected a 20-30% of growth margin. Taking over the reins of CEO and MD Mr. Gopalakrishnan gave assurance that there is a growth of 1.7% increase in terms of new clients. As far as growth of employees were concerned, they were expected to grow around 6,100 by next quarter and around 24,500 by the next fiscal.
According to Mr. Bala, the operative profit might have gone down during the end of the quarter because of the rupee(depreciation) impact. But overall the figures were as usual quite impressive.
Answering to questions posed by various professionals and investors the managment did give a positive response and had given a good response as far as their spending pattern and their emphasis on ‘consulting’ were concerned.
Inspite of the not so rosy picture of the U.S. economy was concerned, the managment were sure that they would definetly be on the path of growth as far as their U.S stand was concerned because of their existing and new customers
So any of you holding infy share can be rest assured about their performance, (as usual)!