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Infy Results: Better than Expected, Greater Efficiency Visible

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Infosys results for Dec 2014 are out, and we’re going to quickly cover them with just charts. They’ve surprised on the upside: EPS Growth on a Trailing Twelve Month (TTM) basis is nice at 20%, which is okay given the stock has a P/E of 19. But tht’s mostly because of earlier quarters; the Dec 2014 grew over Dec 2013 EPS by only 13%.   Looks like they *are* getting more efficient. Thank goodness for two years of no salary hikes, I guess:   And they’ve gotten back the stalled employee growth, which looks good only because of a lower base last year. However quarter or quarter additions are at 2.5% net, which isn’t all that great but it’s better than recent quarters. Efficiency helps here: They are more into fixed price projects than ever before: Just  a quick chart update. No positions . The stock is up 5% at 2070.… (Read On…)

[via Capital Mind]

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