Infosys Q2 Numbers Preview: Revenues Set To Rise, Margins Maybe Flat

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Infosys is set to deliver its results on Monday, Oct 12. On Friday, the stock ended the day higher by 3 per cent on hopes that the results would beat market expectations.

The shares of Infosys has rallied sharply in the last few weeks and has rallied despite HCL Tech sounding a warning on its own revenues for Q2 2015.

A look at what to expect from Infosys Q2 numbers for June 30, 2015

Profit after tax is expected to see a growth of around 5-7 per cent and may hit the Rs 3300 crores to Rs 3500 crores. Anything above this would cheer the street, though a lot of expectations may already be in the share price of Infosys.

The rupee revenue is expected to rise around 6 per cent at Rs 15,400 crores, while dollar revenues could be one of the best seen in recent times at around $2400 million.

The second quarter for most IT companies is relatively good unlike the December quarter, which is considered slightly weak for most of the IT companies.

Guidance will remain crucial for the stock going ahead. Revenue growth in rupee term will be maintained at 10-12 per cent, which would be at near what the industry is growing. On the other hand the dollar revenue growth could be maintained at around 7-9 per cent.

The stock has rallied significantly ever since the company announced its Q1 numbers. Even if the company does put in a good set of numbers, it may already be priced in. Any significant upside from the current levels may be ruled out.

GoodReturns.in

Read more about: infosys
Story first published: Saturday, October 10, 2015, 7:45 [IST]
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