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Prabhudas Lilladher has come out with its earnings estimates on Information Technology sector for December quarter FY13. The research firm expects, Infosys – FY13 USD organic revenue guidance likely to be revised downward by ~1.5 percentage point.
Motilal Oswal has come out with its earnings estimates on IT sector for December quarter FY13. The research firm expect EBIT margin contraction of 20-150bp across tier-I and 80-430bp across tier-II companies.
Angel Broking has come out with its earnings estimates on IT sector for December quarter FY13. The research firm expect volume growth to be in the range of 2-3% qoq for tier-I IT companies, with TCS leading the pack. Pricing is expected to remain stable. For tier-II companies, we expect growth to be modest at 1.0-8.0% qoq, with Tech.
Infosys will kick start IT industry earnings for Oct-Dec this week, a seasonally weak quarter for the sector. This time the weakness will be more evident due to the overall slowdown in client spends and the impact of Hurricane Sandy that hit in November.
Atul Nishar, chairman of Hexaware Technologies says the company has acquired twelve new clients in the third quarter of this year.
Hexaware Technologies is to announce its Q3CY12 results. According to CNBC-TV18‘s estimates, the company‘s USD revenues are seen up 2.5% at USD 93.5 million versus USD 91.2 million, quarter-on-quarter (QoQ)
Emkay Global Financial Services expect a an inline Q2 quarter from our Tier I IT services coverage universe with marginal cross currency gains (20-30 bps QoQ benefit) driving a 2.2-4.1% QoQ US$ revenue growth with Wipro at the lower end (+2.2% QoQ) and TCS (+4.1% QoQ) at the upper end.
Angel Broking has come with its September ‘12 quarterly earning estimates for IT sector. According to the research firm expects 2QFY2013 to be better than 1QFY2013.
July-September is normally a seasonally strong quarter for software service providers. However, this time around most companies are likely to report muted growth given tighter budget spends amid continued uncertainties in the global macro-economic environment.
Hexaware Technologies will declare its second quarter results of FY12 on Tuesday. Analysts on an average expect the profit after tax to fall by 3.5% quarter-on-quarter to Rs 85.3 crore in the June quarter due to possibility of forex loss of around Rs 7-8 crore as against forex gain of Rs 2.6 crore.
Pratish Krishnan, IT analyst, Antique Broking expects Tata consultancy Services (TCS) to grow at a faster pace than its peer going ahead. However, he expects Infosys' growth to rebound in FY14.
Prabhudas Lilladher has come with its earning estimates on IT sector for June quarter. According to the research, Tier 2 IT companies to participate in the growth momentum.
Angel Broking has come with its earning estimates on IT sector for June quarter. The research firm expects 1QFY2013 to be better than 4QFY2012.
Emkay Global Financial Services has come with its earning estimates on IT sector for June quarter. The research firm expect a subdued quarter from our Tier I IT services coverage universe with cross currency moves (100-150 bps QoQ adverse impact) driving further weakness in US$ revenue growth.
It is likely to be a subdued start to the June quarter earnings season as a weak demand environment could keep growth rates of IT companies in check.
Atul Nishar, chairman of Hexaware says, the company has seen a consistent performance over the past eight quarters. He see minimum growth of 20% in dollar revenue in calendar year 2012. "We are confident of doing more than that," he asserts.
Software services provider Hexaware Technologies is expected to report degrowth of 9.1% quarter-on-quarter in its profit after tax of Rs 80 crore in the first quarter of calendar year 2012, according to CNBC-TV18 poll.
Software services provider Hexaware Technologies is expected to report degrowth of 9.1% quarter-on-quarter in its profit after tax of Rs 80 crore in the first quarter of calendar year 2012, according to CNBC-TV18 poll. Profit in the October-December quarter 2011 stood at Rs 88 crore.
Angel Broking has come out with its results estimates on Information Technology sector for March FY12.
Emkay Global Financial Services has come out with its March quarterly earning estimates for IT sector.
Hexaware Technologies ' fourth quarter net profit more than doubled year-on-year to Rs 88.2 crore, backed by strong demand for outsourcing and healthy bill rates, along with the rupee depreciation. The software services exported reported revenue of Rs 431.9 crore, up 44% year-on-year.
Hexaware Technologies is likely to report a profit after tax of Rs 70 crore in the fourth quarter of FY12, rising 8.4% as compared to Rs 64.7 crore in the previous quarter.
In an interview to CNBC-TV18, Kawaljeet Saluja, associate director and head of research at Kotak Institutional Equities, speaks about his expectation from Infosys and gives his outlook going forward.
Angel Broking has come with its quarterly earning estimates for software sector.
Atul K Nishar, chairman of Hexaware Technologies joins CNBC-TV18 to give an insight into the company’s third quarter results. Hexaware has upped its annual revenue guidance to 32% at USD 306 million.