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Infosys Q1: QoQ Net seen up 5%

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Sreejiraj Eluvangal Mumbai
Infosys Q1: QoQ Net seen up 5%
Sreejiraj Eluvangal / Mumbai July 12, 2006
Firm likely to see 10% rise in topline, 5% in bottomline, say analysts.

Infosys is expected to register a healthy jump in its quarterly revenues, thanks to a fall in the rupee value. However, its margins are likely to take a beating owing to losses on currency hedging positions and salary increases, according to major brokerages.

According to analysts at five big broking firms, the IT major is likely to post a jump in sales between 9 per cent and 11 per cent, three times the last quarter
 

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First Published: Jul 12 2006 | 8:43 AM IST

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