Revenue miss, yet brokerages bullish on Infosys post Q4 numbers; here's why

Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics should continue to aid the company's growth leadership in FY22

Shares of information technology (IT) bellwether Infosys slipped as much as 6 per cent in intra-day trade on Thursday after the company's March quarter revenue growth missed Street's estimates, resulting in profit-booking in the counter. The sharp correction pushed Infosys to the bottom of the table among the Sensex pack.

Despite the miss on sequential revenue growth, analysts remain bullish on Infosys as they believe underlying metrics such as headcount addition, fresher hiring along with deal win momentum seen through FY21, should continue to aid the company's growth leadership in FY22 as well. But they believe the near-term correction in