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Infosys Q2 2010 Earnings call highlights.
- Added 35 new clients, the top 10 clients grew 5.9%.
- Revenue increase sequentially, volumes increased sequentially, pricing stable, utilization improved.
- Net increase in employees this quarter.
- Expect the budgets to be flat next year
- Better traction in BFSI, retail, and energy and utilities.
- Better traction in business process management, infrastructure management and in system integration.
- Consulting and package implementation has come down marginally this quarter.
- US has gone up and Europe has marginally come down.
- Pricing stable. It increased by 0.4%, but in terms of constant currency, it declined by 1.1%.
- For the next two quarters, the upper end of the guidance assumes 1% revenue growth.
More details are here.
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