Infosys on Friday posted better-than-expected net profit of Rs. 2,875 crore on sales of Rs. 13,026 crore for the October to December quarter. In a post-earnings conference call with analysts, Infosys chief NR Narayana Murthy said he was not worried about the eight top-level exits in the last six months. He also said the company plans salary hikes from April. (Watch)
Here are the highlights from the post-earnings conferenece:
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Murthy says: Rohan Murty doing a brilliant job, grateful to him
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Murthy says: What Rohan Murty wants to do after his stint at Infosys is a decision that should be left to him
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Murthy says: What designation Rohan Murty will hold in Infosys is not for me to decide
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Murthy on Rohan's chances of becoming CEO: This is all speculation. He is on leave from Harvard, he would like to go back to Harvard at an opportune time but who knows he may change his mind
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Nominations committee to decide CEO
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Will leave no stone unturned to make Infosys the aspirational company it was
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New structure made Executive Council superfluous
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Infosys was the first to start leadership institute
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Sad to see many leaders exit company
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Both Infosys presidents are young and dynamic
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No shortage of leadership in the company
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Organisation focussed on efficiency
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Nothing wrong with Infosys 3.0
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We want to get a larger and larger share of the revenue from transformational projects that provide us better margins- every company in the world wants to do that- nothing wrong with that
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There is nothing wrong in the strategy
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Murthy says: I have to spend every minute of mine to make sure the company discharges its obligations to every shareholder
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Murthy says: To stay at Infosys for five years as mandated by the board of directors
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