Sales are expected to increase by 3 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 13691 crore, according to KR Choksey and Securities.
Sales are expected to increase by 3 percent Q-o-Q (up 5.5 percent Y-o-Y) to Rs 13748.3 crore, according to Motilal Oswal.
Revenue may jump by 3.3 percent sequentially to Rs 13,783 crore and dollar revenue may increase by 1 percent quarter-on-quarter to USD 2,222 million during October-December quarter.
Revenues are expected to increase by 3.2 percent Q-o-Q (up 5.7 percent Y-o-Y) to Rs 13769.5 crore, according to ICICIdirect.
Revenues are expected to increase by 3.6 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs 13820.9 crore, according to Kotak Securities.
Owing to cross currency, Infosys may cut guidance by 1 percent to 6.3-7.8 percent, says Sandeep Muthangi, IT Analyst at IIFL - Institutional Equities.
While JM Financial is incrementally positive on Infosys stock, it will still wait for one or two more quarters of performance from the company before upgrading it to a buy.
Kawaljeet Saluja of Kotak Institutional Equities says some of the metrics that it tracks to assess progress on turnaround seems to be falling into place. However, whether the company can catch up with the industry on growth or not will have to be seen, he adds.
According to Sarabjit Kaur Nangra, the improved EBIT margins and optimistic management commentary is a huge positive. However, attrition rate still remains a concern.
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.
Ankit Pande of Quant Broking estimates actual dollar revenue to grow by 7-8 percent for FY15, and 12 percent for FY16.
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.
Infosys CEO and Managing Director Vishal Sikka is confident of getting Infosys back on the consistent profitable growth track.
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.
Infosys has maintained its full year (FY15) dollar revenue guidance at 7-9 percent.
Software services exporter Infosys has declared a strong set of quarterly earnings today. Catch live updates here.
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.
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.
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.
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.
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.
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.
Sales are expected to increase by 24 percent Y-o-Y to Rs 12966 crore, according to Angel Broking.
The positive takeaway from the TCS management commentary was that FY15 would see further growth acceleration from FY14 said Hitesh Shah of IDFC Securities.
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.