'Stability certainly important for a company'

For any company, stability in management is key to sustainable growth. Infosys Chief Financial Officer M D RANGANATH is set to hang up his boots next month after 18 years with the company, he tells Debasis Mohapatra and Alnoor Peermohamed that the firm is back on the growth path. Edited excerpts:

In any multi-billion dollar company, if there is a huge churn of management at frequent intervals, is it amenable to growth? Do you think stability of top management is an important aspect?

I think for any company, stability is important. Some of the business outcomes that we have achieved would not have been possible if we did not have stability.

As the CFO, are you satisfied with the performance of Infosys?

The company has demonstrated very strong financial performance in the last three years, and as recent as the last quarter. So, I don't see any significant difference in our performance. Pretty much we have had a resolute focus on financial outcomes, fiscal discipline, strong return on equity, and strong cash generation. Even some of our operational efficiency parameters are at a multi-year high.

Utilisation is at more than 85 per cent and per capita revenue has grown year on year. I think there have been deeply satisfying financial outcomes personally as well as for the company.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.