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Infosys Q2 Results LIVE Updates:
Bengaluru-based Infosys Ltd. will be among the last largecap IT firm to report its results after market hours on Friday. A CNBC-TV18 poll is expecting the company's US Dollar revenue to grow by 1.35% on a sequential basis. Revenue in rupee terms is likely to increase by 2% from the previous quarter. EBIT margins may see an expansion of 20 basis points from the June quarter. The company's constant currency revenue growth is seen at 1.4% according to the CNBC-TV18 poll. The focus will be on the company's full year revenue growth guidance and analysts either expect a trim down to 1% to 2% or to 1.5% to 2.5%. The current figure is 1.5% to 3%. Margin guidance is expected to remain unchanged between 20% to 22%. Core organic constant currency growth is seen modest at around 0.9% on a sequential basis. Watch this space for all the LIVE Q2 updates from Infosys.
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