 "Infosys")
Infosys Q4 preview: After Indian IT heavyweight Tata Consultancy Services (TCS) posted strong set of earnings in the fourth quarter that ended in March 2022 (Q4-FY22), analysts expect Infosys to deliver revenue growth between 2.4-3.2 per cent in constant currency terms (CC) on sequential basis, led by momentum in financial services, retail, communication, energy, and manufacturing. Infosys had reported 7 per cent revenue growth in the last quarter, beating Street estimates.
Analysts expect the Bengaluru-based firm to post flat-to-negative EBIT margin due to higher attrition, lower utilisation, and rising travel expenses. The company’s margin stood at 23.4 per cent the
