Infosys Results Show IT Hiring In Slow Lane - Dollar Advisory & Financial Services

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Friday 14 April 2017

Infosys Results Show IT Hiring In Slow Lane

Infosys’s latest quarterly numbers look uninspiring. Many feel that the company’s best days are behind, and that it no longer deserves the label of a growth stock.

In the post earnings conference call with analysts and fund managers, the management didn’t sound too bullish. So do not expect a return to the Murthy era of under promise and over deliver.

CEO Vishal Sikka said that the company would stay the course on transformation, but requested investors to be patient as radical changes, including those in organisational culture, would take time.

Still, it may be too early to write off the erstwhile industry bellwether as it tries to navigate the ongoing disruption in the sector.

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