INSUBCONTINENT EXCLUSIVE:
but all eyes will be on it for any revision in revenue growth guidance, a possible share buyback announcement and a likely upward estimate
But its outlook for BFSI and retail segments and performance of its digital vertical will be among key things to watch.
After posting poor
growth for June quarter, BFSI vertical showed promise in second quarter and management had indicated green shoots
The company's aggression in enhancing digital capabilities is also expected to hit operating margin
operating profit margin (OPM) of company to slip 110 bps YoY, while net profit is likely to grow 10.3 per cent YoY
Sequentially, OPM may be almost flat and net profit may decline 0.8 per cent, brokerage said
It expects 1.3 per cent QoQ revenue growth in constant currency (CC) terms, with a cross-currency headwind of 60 bps.
Nirmal Bang Equities
has factored in a 1.5 per cent QoQ CC growth and nearly 70 bps cross-currency headwind, resulting in 0.8 per cent revenue growth in dollar
terms.
The brokerage expects revenue growth guidance to be maintained in 6-8 per cent range in CC terms and margins in 22-24 per cent band
Centrum Broking sees CC revenue growth for company to be slightly higher
about 70 bps for quarter.
Centrum projects dollar revenue of IT bellwether to rise 1.3 per cent QoQ and 7.4 per cent YoY and expects Ebidta
margin to be 40 bps lower at 25.6 per cent.
Healthy numbers for a company like Infosys are extremely important to set tone for sector and
even for broader market.
"We expect Infosys to upgrade lower end of revenue guidance band and expect it to guide for 7-8 per cent CC revenue
growth against 6-8 per cent earlier
The company has announced a slew of deals over past few months and hence we expect continued confidence in revenue momentum," Centrum
Infosys on Tuesday said it will consider issuing buyback and paying out special dividend in its board meeting on January 11.
