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Infosys Q1 Results LIVE: Profit may rise 15% YoY to 6,185 crore; revenue likely to rise 9%

Infosys Q1 Results Live: The IT major will post its Q1 results post market hours on Thursday. Analysts expect Infosys' profit to grow between 14-18% on a YoY basis. While sequentially, Profit After Tax could rise around 3% to between Rs 6100 to Rs 6300 crore.Brokerage Motilal Oswal said it expects muted revenue growth because of project cancellations. Average estimates signal revenue could rise by just 1% QoQ while on YoY basis, it may grow 10%.Infosys' operating margin could decline by a 100 bps due to muted revenue performance and impact of wage hike .

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Infosys Q1 Result: Revenue guidance trimmed, headcount falls QoQ; six key points from the IT major's Q1FY24 earnings

Infosys Q1 Result: Infosys' Q1FY24 net profit rose 11 per cent YoY to ₹5,945 crore, while revenue increased 10 per cent YoY to ₹37,933 crore. The company revised its revenue guidance for FY24 to 1-3.5 per cent but retained its operating margin guidance.

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Infosys to announce Q1 earnings results for FY24 tomorrow. Check details

At 3:45pm on July 20, the Bengaluru-based software giant will reveal its earnings for the aforementioned period.

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