Infosys, a global leader in consulting, technology, outsourcing, and next-generation services, will announce the results for its second quarter ended September 30, 2017, on Tuesday, October 24, 2017.
Infosys, a global leader in consulting, technology, outsourcing, and next-generation services, will announce the results for its second quarter ended September 30, 2017, on Tuesday, October 24, 2017,
Here is the street expectation for the company’s Q2FY18:
PAT likely to be flat at Rs 3,496 crore against Rs 3,483 crore. Revenue likely to increase by 3.2% to Rs 17,630 crore.
Constant currency revenue growth is expected to be at 2.2% vs 2.7%, while dollar revenue to grow 3.3% to $ 2,738 million.
EBIT may decline to Rs 4,097 crore compared with Rs 4,111 crore.
In Q1FY18, the Company had posted a 1.3% increase in net profit to Rs 3,483 crore helped by client wins in key markets, and raised its annual US dollar revenue outlook.
Its revenue grew 1.7% to Rs 17,078 crore in the first quarter of 2017-18 as against Rs 16,782 crore in the year-ago period.
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