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Infosys Q3 Results Live Updates: Revenue likely to see a fall; FY24 guidance eyed by investors

Infosys Q3 Results Live Updates: The Bengaluru-based Infosys will release its earnings post market hours on Thursday, 11th January. While December quarter is seasonally weak for the information technology sector, it probably got worse for Infosys, as the IT major is expected to report a drop in numbers across parameters.

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Infosys Q2 Results Live: Profit likely to grow 4% YoY, revenue 5%; IT major may retain FY24 guidance

Infosys Q2 Results Live:Infosys Ltd on Thursday reported a 3% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 6,212 crore. Consolidated revenue grew nearly 7% YoY to Rs 38,994 crore. An ETNow poll saw the net profit and revenue at Rs 6,170 crore and Rs 38,350 crore, respectively. The board has recommended an interim dividend of Rs 18 a share. In an unexpected move, the software major yet again tweaked its guidance for FY24. Infosys sees revenue growing 1.0-2.5% in constant currency terms in FY24, compared to 1.0-3.5% earlier. While Infosys cut the upper end of its revenue growth guidance, the company retained its operating margin target of 20-22%.

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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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