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Infosys Q2FY19E Result Expectation
Consensus expectations for Q2FY19E:
- Revenue – Rs20,360cr, up 6.4% qoq on seasonality impact as well as turnaround in BFSI/retail and deal ramp ups
- EBIT – Rs4,968cr, up 9.5% qoq
- EBIT Margin – 24.4%, expand by 68bp qoq due to INR depreciation benefits and absence of visa costs
- PAT – Rs4,084cr, up by 5.2% qoq
Q1FY19 performance highlights:
- Revenue – Rs19,128cr, up 5.8% qoq, driven by Retail, and smaller verticals like Energy, Utilities, Resources & Services and manufacturing
- EBIT – Rs4,537cr
- EBIT Margin – 23.7%
- PAT – Rs3,882cr
Remarks:
- Key monitarable would be revenue growth guidance for FY19
- Comments on demand outlook for BFSI and Retail in Europe
- Colour on digital services and TCV of deals won during the quarter
– India Infoline
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