Infosys Q4 PAT seen up 5.2% at Rs 2493cr: Dolat
Dolat Capital has come out with its earnings estimates on Infosys for the March quarter FY13. According to the research firm, the company's Q4FY13 sales are likely to go up by 3.4% at Rs 10,782.3 crore, quarter-on-quarter (QoQ) basis.
April 11, 2013 / 11:40 IST
Dolat Capital has come out with its earnings estimates on Infosys for the March quarter FY13. According to the research firm, the company's Q4FY13 sales are likely to go up by 3.4% at Rs 10,782.3 crore, quarter-on-quarter (QoQ) basis.
The company's net profit is seen up 5.2% at Rs 2,492.9 crore, QoQ.Key Assumptions: Likely to report strong 4% volume growth inline with the quarter guided revenue run rate for Q4. Key Monitorables: Annual Guidance for FY14, progress towards its new strategy and client spends survey view.The report says, "We continue to remain overweight on IT sector in view of visible recovery signs in US (contributes 60% of Indian IT revenues) and sustained business traction in Europe (about 25% of Indian IT; penetration of just 4% as against 8% in US)" Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
