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Quick Highlights Of The Upbeat Q4 Results From Infosys

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Infosys once again outperformed analysts estimates on most counts and reported a good set of Q4 results for the quarter ending March 31, 2016.

 Quick Highlights Of The Upbeat Q4 Results From Infosys
Here are quick highlights from the Infosys results.
 

1) Net profits beat estimates

The net profits of Infosys at Rs 3597 crores for the quarter, beat estimates. Most analysts had expected the net profits to be around the Rs 3500 crores mark.

2) Margins a positive surprise

The earnings Before Interest and Tax, more popularly known as EBIT margins were also surprisingly higher. EBIT margins were placed at at 25.5 per cent. This was much higher than 24.9 per cent QoQ and was the highlight of the results.

3) Revenues marginally above estimates

The Q4 revenues of Infosys was slightly above estimates at Rs 16,550 crores. It was Rs 15,902 crores, up 4 per cent QoQ.

4) Encouraging revenue guidance

The revenue guidance of the company may cheer investor sentiments. The company has given a dollar revenue guidance for FY 2016-17 at 11.8 to 13.8 per cent.

In constant currency terms Infosys has guided for a revenue growth of 11.5 to 13.5 per cent for FY 2016-17.

This is much higher than what NASSCOM has guided for the industry and should boost investor sentiments.

5) Employee attrition rate also fell in Q4 2016

6) Stock to start positively

Investors are likely to cheer the results of Infosys on Monday. Stock markets are closed for trading today.

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