Oct 10, 2014 12:49 PM IST
Infosys has posted a robust set of numbers in Q2, beating the Street expectations. For the quarter ended July-September, the company‘s net profit rose 7.3 percent sequentially to Rs 3,096 crore on strong revenue and operational growth.
- Oct 10, 2014 12:18 PM IST
Ankit Pande of Quant Broking estimates actual dollar revenue to grow by 7-8 percent for FY15, and 12 percent for FY16.
- Oct 10, 2014 12:04 PM IST
Infosys on Friday beat street estimates with the July-September quarter net profit rising 7.3 percent sequentially (up 28.6 percent on yearly basis) to Rs 3,096 crore (on consolidated basis) on strong revenue and operational growth.
- Oct 10, 2014 11:53 AM IST
Infosys CEO and Managing Director Vishal Sikka is confident of getting Infosys back on the consistent profitable growth track.
- Oct 10, 2014 11:41 AM IST
Sikka is keen to transform Infosys into a next generation services company and is looking to renew all the services the company offers. He has a long-term target to grow at 15-18 percent. The company‘s long-term EBIT margin range is 25-38 percent.
- Oct 10, 2014 10:34 AM IST
Infosys has maintained its full year (FY15) dollar revenue guidance at 7-9 percent.
- Oct 10, 2014 09:58 AM IST
Software services exporter Infosys has declared a strong set of quarterly earnings today. Catch live updates here.
- Oct 10, 2014 08:37 AM IST
Watch the interview of Sandip Agarwal, VP â€“ Wholesale Capital Mkts at Edelweiss Financial Services with Latha Venkatesh & Reema Tendulkar on CNBC-TV18, in which he shared his expectations from the Q2 earnings of Infosys which will be out today.
- Oct 10, 2014 08:21 AM IST
Analysts feel Sikka‘s failure to articulate a clear strategy could disappoint as the stock has run up sharply leading up to the results. The stock gained 15 percent since June 12 but year-to-date it underperformed peers - it rose 5 percent while its rivals TCS, Tech Mahindra and HCL Technologies shot up 23-33 percent, and Wipro rose 7 percent.
- Oct 09, 2014 03:47 PM IST
Revenues of Infosys are expected to increase by 4 percent Q-o-Q (up 3 percent Y-o-Y) to Rs 13327 crore, according to KR Choksey and Securities.
- Oct 09, 2014 03:30 PM IST
Revenues are expected to increase by 3.6 percent Q-o-Q (up 2.1 percent Y-o-Y) to Rs 13236 crore, according to ICICIdirect.
- Oct 09, 2014 12:35 PM IST
According to Ashwin Mehta, IT analyst at Nomura India, TCS would continue to trade at a premium over Infosys, and so prefers TCS. His other picks in the IT space are HCL, Cognizant.
- Oct 09, 2014 11:10 AM IST
Sagar Rastogi, Associate VP, Ambit Capital is positive on the Indian IT services space sector on back of demand environment and Europe's openness for offshore businesses.
- Apr 11, 2014 03:00 PM IST
Sales are expected to increase by 24 percent Y-o-Y to Rs 12966 crore, according to Angel Broking.
- Jan 17, 2014 01:20 PM IST
The positive takeaway from the TCS management commentary was that FY15 would see further growth acceleration from FY14 said Hitesh Shah of IDFC Securities.
- Jan 16, 2014 07:47 PM IST
Ankita Somani, IT Analyst, Angel Broking does not think TCS has surprised in the positive. Margins as well as dollar revenues came in below expectation.
- Jan 13, 2014 04:02 PM IST
Kawaljeet Saluja, executive director, Kotak Institutional Equities, expects IT companies to deliver soft earnings as Q3 is a seasonally weak quarter.
- Jan 10, 2014 02:07 PM IST
Srikantan Moorthy, Senior VP & Group Head-Human Resource says on the issue of attrition, while on the last twelve months, or LTM, basis the attrition numbers are higher, on an absolute basis the numbers have come down over the last three quarters.
- Jan 10, 2014 01:15 PM IST
Srinivas, who has been recent elevated as the president of India‘s largest IT services exporter, added that the company‘s strong focus is on internal efficiencies and is trying to leverage efficiency factors to increase margins.
- Jan 10, 2014 12:13 PM IST
Nilesh Shah of Envision Capital feels that the stock could be in a consolidation zone and the recent highs itself will actually act as a significant resistance.
- Jan 10, 2014 11:08 AM IST
Though Ambit has upgraded Infosys‘s EPS estimates, it remains â€˜sell‘ on the stock as it doesn't see the company to be a growth leader. There has been top level attrition in Infosys of late.
- Jan 10, 2014 11:00 AM IST
Infosys management provides an insight into the company's third-quarter earnings, reasons behind the profit growth and its strategy ahead.
- Jan 10, 2014 10:59 AM IST
SD Shibulal, CEO, Infosys said the next fiscal is going to be an "exciting" one as client confidence is seen returning.
- Jan 10, 2014 10:23 AM IST
Infosys' profitability however, was impacted by visa cost of Rs 219 crore (one off item) in the quarter ended September 2013.
- Jan 10, 2014 10:15 AM IST
Nilesh Shah, Envision Capital says Infy might be one of the few companies with capacity utilization of less than 80 percent, but if it crossed 80 percent then it could lead to margin expansion.