Pravin Rao, COO, Infosys, said that the energy, utility, resources and services vertical grew in strong double-digits, along with impressive deal wins during the June quarter.
Ankit Gupta, Practice Director at Everest Group, said since late 2019 Infosys has been very vocal about focusing on large deals and committed resources (both in terms of people and monetary) to achieve the result. Across multiple deals such as Vanguard, Infosys’ commitment was seen in getting a large deal even if it takes significant investments to kick-start the engagement. “The balance sheet leverage includes appetite to absorb and rebadge client employees,” he added.
