At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
The growth is expected to be broad based across verticals driven by strong momentum in digital transformation programs. However, the cross currency headwinds may drag the growth momentum to some extent.
Kotak expects Infosys to maintain full year revenue growth guidance at 12-14 percent in constant currency terms and the EBIT margin band at 21-23 percent.
Management commentary on large deals pipeline and deal closures would be important to gauge confidence on growth continuity and better predictability, says Emkay Global.
Total contract values are expected to be little changed on a sequential basis. Supply-side challenges remain, but the demand outlook remains strong
Infosys | The stock has given an 11 percent return since October 2021, which is largely similar to gains in the Nifty IT index during the same period but beat the benchmark Nifty50 that gained just 2.5 percent
Healthy deal flows are likely to drive revenue growth even though December is generally a lean month due to year-end holidays
The pandemic both disrupted business for India’s IT companies and opened up new opportunities as the need for digitisation grew globally. Deals, clients and hiring were among the key trends that shaped their performance in the quarter ended September.
Although overall earnings growth is expected to be strong, analysts expect it to be driven by a handful of sectors.
Net Sales are expected to increase by 5.3 percent Q-o-Q (up 19.5 percent Y-o-Y) to Rs. 29,367.9 crore, according to Prabhudas Lilladher.
Kotak's estimates show the revenue of the company may grow 17.7 percent YoY while adjusted net profit may see a growth of 25.9 percent YoY.
Kota expects Infosys to raise FY22 revenue growth guidance to 13-15 percent in constant currency terms from 12-14 percent earlier, while Prabhudas Lilladher expects the same to be revised to 14-16 percent.
Brokerages expect IT stocks to continue trading at premium valuations given the order pipeline and digitalisation. Infosys, Tech Mahindra and HCL Technologies are the top consensuses picks.
The IT services company is expected to guide for 12-14 percent constant currency revenue growth and 22-24 percent EBIT margin guidance for the full year, say brokerages.
Net Sales are expected to decrease by 2.6 percent Q-o-Q (up 17.1 percent Y-o-Y) to Rs 5,061.5 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 2.6 percent Q-o-Q (up 14.3 percent Y-o-Y) to Rs. 26,590 crore, according to Motilal Oswal.
CFO Prateek Aggarwal said that at the back of the COVID-19 pandemic, enterprises across the board are accelerating their technology adoption and this process will take years to be completely digital.
The deal pipeline is strong across companies led by digital foundation deals, integrated deals from smaller clients, experience transformation and even core transformation deals.
The Q2FY21, so far, witnessed robust numbers from IT, Pharma, Auto components, select banks, and cement sector companies.
The stock, from June quarter earnings announcement, rallied 49 percent and traded at record high levels ahead of quarterly earnings on October 14.
Infosys expects its constant currency revenue growth in the range of 0-2 percent for FY21. Deal wins for the June quarter stood at $1.7 billion against $1.65 billion in the previous quarter.
Infosys is unlikely to announce full-year guidance due to uncertainty amid rising coronavirus infections and a fear of another round of lockdowns.
Net Sales are expected to decrease by 0.6 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs. 23,130.9 crore, according to Motilal Oswal.
Brokerages say the demand pullback is expected to be severe in the directly impacted segments but BFSI and telecom could be stable in terms of growth for IT companies.
The company is seeing interest from client in cloud, virtualisation, workforce transformation and cost reduction programs
At operating level, the earnings before interest and tax and margin could be stable for the quarter due to rupee weakness and lower travel expenses.