Key Points
IT major Infosys is expected to post soft revenue growth in both constant currency (CC) and USD terms for the quarter ended March, weighed down by seasonal weakness and macroeconomic uncertainties...
Growth is expected to taper due to the Daimler deal coming into the base (2HFY22)," Nuvama Institutional Equities said.. Infosys would be the first company to issue an FY24 guidance and would set the tone for outlook in the current fiscal..
Analysts expect the Bengaluru-based company to guide for 6-8% revenue growth in CC terms for FY24, while margin guidance should be seen at 21-23%...
EBIT margin is expected to expand by 30 bps on account of operating efficiencies, pyramid rationalization, subcontracting cost optimization, lower pass-through costs, and cross-currency tailwinds," Emkay Global said.. Infosys is expected to report net profit growth (YoY) of anywhere between 12% to 17% at Rs 6,674 crore for the fourth quarter ending March...
Most analysts expect the company to guide for 5-8% CC YoY revenue growth and 21-23% EBIT margins..
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