Infosys Q4 results at 3.45 pm today: Press conference, earnings call timing, analyst preview & dividend history
The leadership team of the Bengaluru-based IT major would host a press conference at 4:30 pm today. The participating executives would address questions from the media during this interaction.
- Apr 13, 2023,
- Updated Apr 13, 2023 8:19 AM IST
Infosys is all set to announce its March quarter results at 3.45 pm on Thursday. The leadership team of the Bengaluru-based IT major would host a press conference at 4:30 pm today. The participating executives would address questions from the media during this interaction, which would be streamed live on the 'Investor Relations' section of Infosys website. It will later be archived and available after 6:30 pm today.
After record large deal wins of $3.3 billion in December quarter, Nirmal Bang Institutional Equities believes that March quarter deal wins will be flattish to possibly marginally lower on QoQ basis. "We expect net headcount reduction in 4QFY23 as Infosys tightens its operating parameters. Also, third-party items in the P&L statement will be keenly watched as these have been much higher compared to peers (6-7 per cent run rate) and has been margin dilutive for the company. The unbilled number is also a close monitorable as it has been rising significantly compared to other players," it said.
Kotak said deal TCV and pipeline will take centre stage, especially the large deals.
"Quantum of pipe, nature of large deals, pace of decision-making and drivers of consolidation trend will be important focus points. We expect healthy TCV of wins powered by large deals. Composition of growth matters—a front-ended growth guidance will give a lot more comfort and even create scope for upgrades. A back-ended growth guidance may not be viewed favourably. Attrition will likely moderate further as supply side pressures ease. Easing of attrition will aid in realising operational efficiencies," it said.
Read more: Infosys to share Q4 results, dividend today; Britannia, Edelweiss Financial stocks to go ex-dividend
Read more: Infosys Q4 results, dividend on April 13: Earnings preview, guidance, dividend history & more
Infosys is all set to announce its March quarter results at 3.45 pm on Thursday. The leadership team of the Bengaluru-based IT major would host a press conference at 4:30 pm today. The participating executives would address questions from the media during this interaction, which would be streamed live on the 'Investor Relations' section of Infosys website. It will later be archived and available after 6:30 pm today.
After record large deal wins of $3.3 billion in December quarter, Nirmal Bang Institutional Equities believes that March quarter deal wins will be flattish to possibly marginally lower on QoQ basis. "We expect net headcount reduction in 4QFY23 as Infosys tightens its operating parameters. Also, third-party items in the P&L statement will be keenly watched as these have been much higher compared to peers (6-7 per cent run rate) and has been margin dilutive for the company. The unbilled number is also a close monitorable as it has been rising significantly compared to other players," it said.
Kotak said deal TCV and pipeline will take centre stage, especially the large deals.
"Quantum of pipe, nature of large deals, pace of decision-making and drivers of consolidation trend will be important focus points. We expect healthy TCV of wins powered by large deals. Composition of growth matters—a front-ended growth guidance will give a lot more comfort and even create scope for upgrades. A back-ended growth guidance may not be viewed favourably. Attrition will likely moderate further as supply side pressures ease. Easing of attrition will aid in realising operational efficiencies," it said.
Read more: Infosys to share Q4 results, dividend today; Britannia, Edelweiss Financial stocks to go ex-dividend
Read more: Infosys Q4 results, dividend on April 13: Earnings preview, guidance, dividend history & more