Infosys will come out “stronger” in the post-COVID-19 world on the back of strong operating metrics and client focus, CEO Salil Parekh said.
COVID-19 has disrupted businesses globally and impacted operations for Indian IT firms as well. There are concerns in the industry around budget cuts by clients and layoffs, as enterprises grapple with reduced earnings amid lockdowns across various parts of the globe.
Speaking to PTI, Parekh said while there is uncertainty in the near-term, the company is confident of its strengths that will help it navigate this period and emerge stronger from it.
“Last year, we had 9.8 per cent growth and the year before 9 per cent growth. We’ve had a really extremely successful business over the last couple of years, a very strong operating margin and expansion in earnings per share, USD 9 billion in large deals,” he said.
“So all of our metrics, I think already were industry leading. In the near term, there will be some concerns in the business from an overall economic perspective,” he added.
Parekh said that as the situation improves, the company is “extremely comfortable