Infosys Q4FY21 preview: PAT seen rising 14-23%; buyback details eyed

Infosys Q4FY21 preview: The company board will also consider a share buyback during a meeting on April 14. Following this development, the stock had hit a 52-week high of Rs 1,480 on the BSE on Monday

Infosys Q4FY21 preview: Driven by the ramp-up of large deals and strong bookings in the earlier quarters, analysts expect information technology (IT) bellwether Infosys to post steady growth in revenue and profits for the March quarter of the financial year 2020-2021 (Q4FY21). However, they expect a sharp contraction in the Ebit (earnings before interest and tax) margins.

The Bengaluru-based firm is slated to post its March quarter numbers on Wednesday, April 14. Analysts expect Infosys to guide for 12-14 per cent growth in revenue and 22-24 per cent in Ebit margin for FY22. Deal win momentum is likely to be