Infosys Q2 preview: The country’s leading software services company Infosys will release its September quarter results today. Zee Business Research estimates consolidated PAT for the company to rise 5.5 percent sequentially to Rs 6,720 crore.
Revenue at the company is seen to jump 4 percent quarter-on-quarter to Rs 40,885 crore as against Rs 39,315 crore. An increase in large deals may help increase revenue for large IT services.
Further, revenue in dollar terms may increase by 3.5 percent to Rs 488 crore as against Rs 471.4 crore reported in the June quarter.
In constant currency (CC) terms, revenue is likely to register a 3 percent growth during the review period.
EBIT or earnings before interest and taxes at the IT services company as per Zee Business survey estimates is likely to grow by 2.9 percent to Rs 8,530 crore. The same stood at Rs 8,288 crore in the same quarter last year.
Moreover, amid capex involved in major issues, the company’s margins may have declined by 0.2 percent or 20 bps to 20.9 percent during the September quarter. The margin in the previous quarter was reported at 21.1 percent.
The idea of direction
For FY25, the Bengaluru-headquartered company may give CC revenue growth guidance of 4-5 percent, while it may maintain EBIT margin guidance at 20-22 percent.
Key monitorable
Shareholders and other stakeholders will notice key metrics including Vertical outlook, Deal TCVs and pipeline, margin levels, depreciation and pricing among other key announcements.
Infosys price performance
Ahead of its results and despite the subdued market conditions, Infosys shares traded up over 1 percent at Rs 1,945.95.
