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BRIEF-India's Infosys exec: continue to see core IT services doing extremely well
October 14, 2016 / 5:15 AM / a year ago

BRIEF-India's Infosys exec: continue to see core IT services doing extremely well

Oct 14 (Reuters) - India’s Infosys Exec says

* Continue to see core IT services doing extremely well

* Financial services despite challenges have seen good growth

* Expanded margins by 80 bps in Q2

* Automation fundamental part of our work going forward

* Expect BFSI to be muted over the next few quarters

* Clients continue to spend on digital

* Seeing lot more traction on product side of our business

* We expect retail to be bit choppy over next few quarters

* Our operating margin expectation is 24-26 percent for FY17

* Will continue to focus on ability to sell new products

* Will continue to see good ramp up in healthcare sector in Q3 as well

* We are in a very healthy operating cash flow situation in this quarter Further company coverage: (Reporting By Sankalp Phartiyal)

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