Infosys Q1 preview: Profit may rise 7-8% YoY; FY23 guidance likely to be retained
The IT major is unlikely to change its revenue growth guidance of 13-15 per cent in constant currency terms and EBIT margin guidance of 21-23 per cent for FY23 when it announces its quarterly earnings on Sunday, said analysts. Kotak Institutional Equities expects Infosys to report a 7.2 per cent YoY rise in net profit at Rs 5,568.10 crore from Rs 5,195 crore in the same quarter last year.
