Infosys Q1 preview: PAT likely to grow 27-30% YoY; may up FY22 guidance

Infosys' outlook will be key to watch, with many brokerages penciling in a rise in the company's FY22 revenue guidance

Analysts expect strong deal momentum, seasonality factor and traction in cloud to drive Infosys' performance in the June 2021 quarter of financial year 2021-22 (Q1FY22). They peg bottomline growth at 27-30 per cent and topline (in rupee terms) at 16-17 per cent, yearly. Unlike for other information technology (IT) firms, analysts see margin expansion for Infosys during the quarter under review due to absence of wage hikes and healthy improvement in revenues. Furthermore, large deal TCV is likely to be robust.

Amid anticipation of a strong Q1 performance, shares of the company had scaled an all-time high of Rs 1,590.85 on