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Infosys Earnings Preview Q3 FY24: Lower pass-through revenues, higher furloughs to drag down performance

However, analysts believe Infosys will maintain its operating margin guidance of 20-22 percent for the financial year. ....

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Infosys Q3 results: Net profit rises 17% to Rs 5,197 crore

Infosys Q3 results: Net profit rises 17% to Rs 5,197 crore
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Infosys Q3 results: Net profit rises 17% to Rs 5,197 crore
TIMESOFINDIA.COM / Jan 13, 2021, 16:50 IST
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NEW DELHI: The country s second largest IT services firm Infosys on Wednesday reported nearly 17 per cent growth in its consolidated net profit for the third quarter ended December 31, 2020 (Q3).
The company posted a net profit of Rs 5,197 crore for the period under review as against a profit of Rs 4,466 crore.
Its revenue grew 12.3 per cent to Rs 25,927 crore in the quarter under review from Rs 23,092 crore in the corresponding period last fiscal.
Infosys has increased its FY21 revenue growth guidance to 4.5-5 per cent in constant currency terms. ....

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Infosys Q3 preview: Large deals, acquisitions to drive PAT by up to 16% YoY

Infosys Q3 preview: Lead by the ramp-up of Vanguard deal, incremental revenue contribution from acquisitions and strong growth momentum in key verticals, IT bellwether Infosys may post a 9-10 per cent year-on-year (YoY) growth in its revenue (in rupee terms) for the quarter ended December 2020 (Q3FY21). The revenue could rise between 2.5-3.5 per cent quarter-on-quarter (QoQ) in constant currency (cc) terms and 3-4 per cent in dollar revenue terms.
The Bengaluru-based firm, which is slated to release its Q3 numbers on Wednesday, January 13, may post record deal TCVs for the quarter due to the Daimler deal. The expectations of such a strong performance are visible in the stock price movement. Shares of Infosys have risen 24.55 per cent for the three months ended December 2020 and 9.58 per cent year-to-date (YTD), data available with ACE equity showed. This is against a 21.55 per cent rise in Nifty IT index and 24.30 per cent jump in Nifty 50 during the October-December quarter. ....

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