Q2 preview: Infosys may see de-rating if guidance is not revised up

At the bourses, Infosys has surged 33 per cent on year-to-date (YTD) basis, as against S&P BSE Sensex's 2 per cent rise.

Infosys is scheduled to announce its September quarter earnings on Tuesday. Information technology (IT) sector as a whole, analysts say, is expected to deliver an uptick in growth owing to robust demand environment, ramp-up in large deal wins and rupee depreciation. 

With TCS meeting street expectations last week while announcing its September quarter results, analysts expect Infosys, too, to follow suit. The IT major had reported 3.7 per cent year-on-year (y-o-y) growth in consolidated net profit at Rs 36.12 billion for the quarter ended June 30, 2018. Revenue from operations of the Bengaluru-based firm grew 12 per cent y-o-y to