Infosys Q2 PAT seen up 4% at Rs 2386cr: Emkay

Emkay Global Financial Services has come out with its earnings estimates on Infosys for September quarter FY13. According to the research firm, the company's Q2FY13 sales are likely to go up by 3% at Rs 9904 crore, Quarter-on-Quarter (QoQ) basis.

October 11, 2012 / 11:43 IST

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Emkay Global Financial Services has come out with its earnings estimates on Infosys for September quarter FY13. According to the research firm, the company's Q2FY13 sales are likely to go up by 3% at Rs 9904 crore, Quarter-on-Quarter (QoQ) basis.

The company's net profit is seen up 4% % at Rs 2386.9 crore, QoQ.

The research firm expects Infosys to deliver a 3% QoQ growth for Sep’12 qtr , in line with implied asking rate for it’s FY13 revenue growth outlook of ‘atleast 5% YoY growth’. A reset in currency assumptions could drive a mark down in annual EPS outlook to ~Rs 163-166( V/s ‘atleast Rs 166.5’ earlier). If Infosys decides to give wage hikes, EPS outlook could be marked down further

first published: Oct 11, 2012 11:40 am

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