Dollar revenue expected to rise 3.6 percent quarter-on-quarter to USD 2,337 million and rupee revenue is seen rising 5.9 percent to Rs 15,210 crore in the quarter ended September 2015. Earnings before interest and tax (EBIT) may climb 10.2 percent to Rs 3,798 crore and margin may expand 100 basis points sequentially to 25 percent. PAT expected to be seen at 3244 cr versus 3030 cr on QoQ bases. Infosys to maintain its FY16 guidance of 10-12 percent in constant currency (11.5-13.5 percent in rupee terms) and 7.2-9.2 percent in dollar terms (that was increased in previous quarter from 6.2-8.2 percent). (Positive expectations for Infosys, however expectations somewhat priced in as stock already given positive performance recently)
Friday, 9 October 2015
Infosys Q2FY16 Pre result estimates:
Dollar revenue expected to rise 3.6 percent quarter-on-quarter to USD 2,337 million and rupee revenue is seen rising 5.9 percent to Rs 15,210 crore in the quarter ended September 2015. Earnings before interest and tax (EBIT) may climb 10.2 percent to Rs 3,798 crore and margin may expand 100 basis points sequentially to 25 percent. PAT expected to be seen at 3244 cr versus 3030 cr on QoQ bases. Infosys to maintain its FY16 guidance of 10-12 percent in constant currency (11.5-13.5 percent in rupee terms) and 7.2-9.2 percent in dollar terms (that was increased in previous quarter from 6.2-8.2 percent). (Positive expectations for Infosys, however expectations somewhat priced in as stock already given positive performance recently)
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