Growth to continue amid cost cuts, says Infosys

The company has been able to maintain industry-leading growth due to strong operational efficiencies

Infosys is taking cost reduction measures to remain competitive in the industry without hindering investment in new services. 

“We believe that we have to remain competitive. For that, we have to look at our cost structures, especially on the traditional services. We have zeroed in on four-five indicators,” said M D Ranganath, chief financial officer, Infosys, at Citi Technology Conference on Friday, adding that apart from employee utilisation “consistently at 80 per cent”, other levers included onsite effort and role mix. 

“Onsite employee cost as a percentage of revenues touched 43 per cent. We brought it down. It is currently hovering at