April 11, 2013 / 11:39 IST
Prabhudas Lilladher 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 3.1% at Rs 10,752.3 crore, quarter-on-quarter (QoQ) basis.
The company's Q4 net profit is seen down 1.9% at Rs 2323.4 crore, QoQ.
Prabhudas Lilladher's report says, "We expect Infosys to report revenue growth of 3.1% in INR terms, with volume growth of 4.3% QoQ for Q4FY13, along with realization erosion of 0.2% QoQ. We expect cross-currency to have a positive impact of 0.3% QoQ. We expect the margins to erode by 74bps for the quarter due to currency appreciation, pricing decline and US$8m deferred charge (payout & amortization). We expect FY14 USD revenue guidance to be 8-11% YoY."
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