Infosys likely to report muted Q3 earnings amid seasonal challenges
Infosys is likely to report muted earnings in the quarter ended December due to seasonal challenges. While revenue growth is expected to remain modest on a sequential basis, net profit is likely to see a slight increase. Analysts also anticipate a potential upward revision in the company’s revenue guidance for fiscal 2025.
According to average estimates of five brokerages, revenue is expected to grow by 0.6% quarter-on-quarter to Rs 41,222.3 crore, compared to Rs 40,986 crore in the previous quarter. The company’s consolidated net profit is forecast to rise by 3.5% sequentially to Rs 6,736.4 crore, from Rs 6,506 crore in the prior quarter.