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Infosys Q3 Results Preview: Infosys may put up a 3.8% rise quarter-on-quarter in internet revenue to Rs 6,753 crore in Q3 FY25, in comparison with Rs 6,506 crore within the earlier interval.
IT main Infosys, which is about to announce its Q3 FY25 monetary outcomes on Thursday post-market hours, is predicted to put up income development within the vary of 0.5 per cent to 1.0 per cent on a quarterly foundation for October-December 2024. It may register income of Rs 41,298 crore in rupee phrases and a flat $4,895 million in US greenback phrases, in response to brokerage estimates.
In the earlier September 2024 quarter, Infosys had posted a internet revenue of Rs 6,506 crore and income of Rs 40,986 crore. These have been beneath estimates.
Among the most recent brokerage estimates, Motilal Oswal has given the very best income development forecast of 1 per cent for the December 2024 quarter (Q3 FY25) on a quarter-on-quarter foundation, adopted by Nuvama Institutional Equities (0.8 per cent), HDFC Securities (0.7 per cent), and PL Capital (0.5 per cent). These projections are primarily based on fixed foreign money (CC) income.
In phrases of internet revenue, Infosys is predicted to put up a 3.8 per cent rise quarter-on-quarter in revenue after tax to Rs 6,753 crore in Q3 FY25, in comparison with Rs 6,506 crore within the earlier interval.
In phrases of EBIT (earnings earlier than curiosity and tax), Nuvama expects Infosys’ EBIT to enhance by about 30 foundation factors (bps) quarter-on-quarter, pushed by the affect of Project Maximus, partially offset by seasonal furloughs.
PL Capital mentioned it expects Infosys’ EBIT margin to enhance barely by round 20 bps quarter-on-quarter to 21.2 per cent, regardless of the shortage of working leverage.
Will Infosys Raise Growth Guidance?
According to Nuvama Institutional Equities, Infosys is predicted to improve its income development steerage to 4.5-4.75 per cent CC year-on-year (Y-o-Y) and preserve a margin outlook of 20-22 per cent for FY25.
PL Capital expects a marginal enhance in its income steerage whereas sustaining its margin steerage for FY25.
HDFC Securities additionally mentioned it expects Infosys to revise its development steerage upwards for the fiscal yr. Its margin steerage may stay unchanged, showcasing Infosys’ concentrate on sustaining operational stability whereas driving development.
Last week, Tata Consulatancy Services (TCS), India’s largest IT providers firm, reported a 5.5 per cent rise year-on-year (YoY) in its internet revenue to Rs 12,380 crore, beating market estimates. Its income throughout October-December 2024 elevated 5.6 per cent to Rs 63,973 crore. On a continuing foreign money foundation, TCS’ income rose over 4.5 per cent YoY throughout the October-December 2024 interval.
Another IT agency HCLTech reported a 5.54 per cent rise in its consolidated internet revenue to Rs 4,591 crore for the third quarter ended March 2025. Its income from operations throughout January-March 2025 stood at Rs 29,890 crore, which is 5.07 per cent larger than the Rs 28,446 crore income recorded within the year-ago interval.