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Infosys hits fresh 52-week high ahead of Q3 result announcement

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Infosys Q3 profit likely to grow 15-18%, but margin may drop

Infosys Q3 profit likely to grow 15-18%, but margin may drop
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Analysts said the IT major may raise its annual revenue growth forecast and the management s take on how margins will play out in the context of large deals will be watched closely.
Infosys will report its financial results for the December quarter on Wednesday.
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NEW DELHI: IT major Infosys may report a strong set of numbers for the third quarter of the current financial year, with incremental revenues coming from the Vanguard deal. Margins may take a hit on wage hikes for junior employees during the quarter. Analysts said the IT major may raise its annual revenue growth forecast and the management s take on how margins will play out in the context of large deals will be watched closely. ....

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