Infosys

Infosys Q4 Results Live: Today is when IT giant Infosys will release its Q4 earnings. Expect dismal Q4 earnings from Infosys due to a decline in discretionary spending. Infosys’s Q4 revenue is predicted to decline sequentially, while the EBIT margin might stay unchanged.

Live updates on Infosys Q4 Results: The second-biggest provider of IT services in India, Infosys, is expected to release its Q4 earnings today. Expect dismal Q4 earnings from Infosys due to a decline in spending on discretionary items. Infosys’s Q4 revenue is predicted to decline sequentially, but a string of sluggish growth could cause the operating or EBIT margin to stay constant. The transaction pipeline for the major in IT is still strong, but closes are difficult because of delayed decision-making and furloughs. The commentary on cost takeout projects, the banking sector, and the estimate on client discretionary spending for CY24 are the three main areas of interest in Infosys’ Q4 results. For the most recent updates, follow our Infosys Q4 results live blog.

Infosys Q4 Results Live Updates: Expect limited contribution from mega deals in Q4

Infosys Q4 Results Live: We are projecting a 20 bps cross-currency tailwind of -0.9% QoQ c/c revenue growth, which translates into a -0.7% QoQ USD revenue growth. In Q4, we anticipate a minimal impact from megadeals. The purchase of InSemi has not produced any significant contributions. Margin tailwind: reversal of 60 bps one-time expense because of the McCamish cyber incident; headwind: one-month wage raise and the cost of a visa, according to JM Financial.

Infosys Q4 Results Live: EBIT margins to remain flat QoQ, expects Nomura

Infosys Q4 Results Live: We anticipate a 1% QoQ fall in constant currency sales because of Infosys’s weak seasonality and ongoing weakness in discretionary spending. We anticipate that EBIT margins will stay constant every quarter due to the one-month impact of pay increases. Infosys will incur visa charges in Q4 that will be offset by the absence of one-time expenses in Q3. Notable developments include a discussion on cost takeout projects, the banking vertical, and the outlook for clients’ discretionary spending in CY24, according to Nomura.

Infosys Q4 Results Live: Expect weak revenue growth at -0.1% QoQ CC: Motilal Oswal

Live Q4 Results for Infosys: A negative QoQ CC revenue growth for Infosys is anticipated due to persistent macro headwinds and delays in ramping up significant deals. The deal pipeline is still strong, but because of furloughs and delayed decision-making, closing deals might be difficult. The conversion rate is still within target, though. Given the sluggish increase, the operating margin should stay steady. We anticipate a flat QoQ operating margin of 20.5%. According to Motilal Oswal, we anticipate that the company would issue an initial revenue growth forecast band of 5-7% for FY25, taking into account both an initial caution and transaction scale-up.

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Infosys Q4 Results Live: IT sector likely to report muted revenue growth with stable margins

Infosys Q4 Results Live: The Indian IT services companies are likely to end the financial year 2023-2024 on a weak footing with the March quarter results estimated to show subdued growth amid unabated headwinds. The large-cap IT services players are expected to report modest revenue growth in Q4FY24 as muted demand trends continue on account of weak discretionary spending and cautious behavior by clients, amid an uncertain global macroeconomic situation. Analysts believe margins to remain steady despite weak revenue growth, as companies optimize costs and tighten discretionary spending.

Infosys Q4 Results Live: Infosys shares gain ahead of Q4 results today

Live Q4 Results for Infosys: Ahead of today’s publication of Q4 results, the share price of Infosys increased by more than 2% on Thursday. Infosys’s stock increased by 2.10% on the BSE, peaking at ₹1,444.50 per share.

Nevertheless, the share price of Infosys has not produced any profits this year. Infosys’s stock has dropped more than 7% year-to-date (YTD) and more than 11% in only one month. about the last year, the price of Infosys’ shares has increased by about 13%.

Infosys Q4 Results Live: Expect steady deal-wins and conservative commentary 

Infosys Q4 Results Live: Nuvama Institutional Equities estimates steady deal-wins and conservative commentary on the demand environment and expects Infosys to guide for 3–5% CC YoY revenue growth and margins in the 20–22% range for FY25.

Infosys Q4 Results Live: Key things to watch out for in Infosys Q4 results

Infosys Q4 Results Live: Going ahead, key things to watch out for in Infosys Q4 results are the commentary on cost takeout projects, banking vertical, and outlook on client CY24 discretionary spend.

Infosys Q4 Results Live: Expect USD revenue growth guidance of 2.5%-5.5%

Infosys Q4 Results Live: Infosys is expected to provide constant currency (CC) USD revenue growth guidance in the range of 2.5% – 5.5% with EBIT margin guidance of 20% – 22% for FY25.

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Infosys Q4 Results Live: EBIT expected to fall 0.69%, margin to drop QoQ

Infosys Q4 Results Live: On the operational front, Infosys’ Earnings before Interest and Taxes (EBIT) during the quarter ended March 2024 is expected to fall 0.69% to ₹7,906 crore from ₹7,961 crore in the December quarter. EBIT margin is estimated to remain stable at 20.5% QoQ as margin headwinds from the partial wage hike impact and visa costs could offset gains from the absence of one-offs and operational efficiency, as per average estimates.

Infosys Q4 Results Live: Revenue likely to fall 0.38% QoQ

Infosys Q4 Results Live: Infosys Q4 revenue in USD terms is expected to fall 0.38% to $4,645 million from $4,663 million on a quarter-on-quarter (QoQ) basis, led by seasonal softness and expected lower pass-through sales. In rupee terms, revenue is estimated to decline 0.59% to ₹38,590 crore from ₹38,821 crore sequentially due to continued weakness in discretionary spending and weak seasonality.

Infosys Q4 Results Live: Net profit may rise 0.58% QoQ

Infosys Q4 Results Live: Infosys is expected to post a net profit of ₹6,142 crore in the quarter ended March 2024, registering a muted growth of 0.58% from ₹6,106 crore reported in the December quarter, as per average estimates of seven brokerages.

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Infosys Q4 Results Live: Weakness in discretionary spending to hit Infosys Q4 results

Infosys Q4 Results Live: Infosys Q4 results are expected to be tepid amid weakness in discretionary spending. While Infosys Q4 revenue is estimated to drop sequentially, EBIT margin may remain flat on account of a slew of weak growth. 

Infosys Q4 Results Live: Infosys board may recommend dividend

Infosys Q4 Results Live: The meeting of the Board of Directors of Infosys is being held on Wednesday and Thursday, April 17 and 18, and the financial results will be presented to the board on April 18 for their approval. The board will also recommend a final dividend for the financial year ending March 31, 2024. Infosys will hold investor or analyst calls today to discuss the financial results for the quarter and year ending March 31, 2024, and the business outlook.

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Infosys Q4 Results Live: Infosys to declare Q4 results today

Infosys Q4 Results Live: IT major Infosys will announce its earnings for the fourth quarter of FY24 today, 18 April 2024. Infosys Q4 results will be the second quarterly earnings report from the IT sector after Tata Consultancy Services (TCS) released its March quarter earnings last week.