Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh

Around 70 per cent of the deals won in this quarter were renewals, while the remaining were new contracts, says Parekh

Debasis Mohapatra & Yuvraj Malik 

Even as its net profit and margins were hit on account of a one-time impairment provision and higher tax outgo, the Infosys management on Friday exuded confidence of closing the financial year on a much stronger note. CEO and MD Salil Parekh, in an interview to Debasis Mohapatra and Yuvraj Malik, said the near-term visibility into the deal flow is quite robust, though the firm has a long way to go.

Edited excerpts: Infosys seems to be much more confident today than a year ago going by the revised guidance. Can you give some colour on the large order wins in this quarter, and ...

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First Published: Sat, January 12 2019. 01:17 IST