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Working hard to make Infosys the aspirational company it was: Murthy

Working hard to make Infosys the aspirational company it was: Murthy

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:

  • Murthy says: Rohan Murty doing a brilliant job, grateful to him

  • Murthy says: What Rohan Murty wants to do after his stint at Infosys is a decision that should be left to him

  • Murthy says: What designation Rohan Murty will hold in Infosys is not for me to decide

  • 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

  • Nominations committee to decide CEO

  • Will leave no stone unturned to make Infosys the aspirational company it was

  • New structure made Executive Council superfluous

  • Infosys was the first to start leadership institute

  • Sad to see many leaders exit company

  • Both Infosys presidents are young and dynamic

  • No shortage of leadership in the company

  • Organisation focussed on efficiency

  • Nothing wrong with Infosys 3.0

  • 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

  • There is nothing wrong in the strategy

  • Murthy says: I have to spend every minute of mine to make sure the company discharges its obligations to every shareholder

  • Murthy says: To stay at Infosys for five years as mandated by the board of directors