Free Optimizer 15.48/5/2023 ![]() We continue to invest in our people and in supporting our clients," he added. ![]() We have expanded our internal program on efficiency and cost to build a path to higher margins in the medium term. "As the environment has changed, we see strong interest from our clients for efficiency, cost and consolidation opportunities, resulting in a strong large deal pipeline. We have launched exciting programs with our clients leveraging generative AI platforms," said Salil Parekh, CEO and MD. "Our strong performance in FY23 is a testimony to the continued focus on digital, cloud and automation capabilities which resonated with our clients. Continuing the recent trend, attrition declined further in Q4. Free cash flow conversion was 95.7% for Q4. Operating margin for the quarter was 21.0%. Q4 year on year growth was 8.8% and sequential decline was 3.2% in constant currency terms. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency. Growth was broad-based across industry verticals and geographical regions. BENGALURU, India, Ap/PRNewswire/ - Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%.
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