Infosys Q4 profit seen up over 4% to Rs 1856 cr
India's second largest IT services exporter Infosys Technologies is expected to report a fourth quarter profit after tax (PAT) of Rs 1856 crore, a growth of 4.2% over Rs 1779.8 crore in previous quarter, according to CNBC-TV18 estimates.
April 13, 2011 / 12:01 IST
India's second largest IT services exporter Infosys Technologies is expected to report a fourth quarter profit after tax (PAT) of Rs 1856 crore, a growth of 4.2% over Rs 1779.8 crore in previous quarter, according to CNBC-TV18 estimates.
Revenues are likely to go up by 4.8% at Rs 7,447 crore as against Rs 7,105.6 crore and in dollar terms, revenues are seen going up by 3.8% at USD 1645 million versus USD 1585 million on quarter-on-quarter basis.Earning before interest and tax (EBIT) is expected to go up at Rs 2,255 crore versus Rs 2,147 crore. EBIT margin is seen improving a bit at 30.3% versus 30.2% while EBIDTA margin is seen declining at 33.2% as against 33.3% (QoQ).Earning per share is likely to go up by 3.7% at Rs 32.30 versus Rs 31.15.According to CNBC-TV18, Infosys' FY12 guidance is likely to be conservative. Dollar revenue growth is expected to be at 18-20% and EPS is seen at Rs 135-140 a share. Margin is seen declining by 150-200 bps.Infosys outlook
-Watch out for spending outlook
-CY11 Budget will be finalised
-To signal improvement in discretionary spend
-Rupee appreciation likely to be a big concern
-1% appreciation in rupee hits EBIT margins by 35 bps
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