Infosys Q4FY18 results: Here's what leading brokerages expect

Infosys Q4FY18 results: Here's what leading brokerages expect

Infosys is set to announce its fourth-quarter numbers on April 13. On a year-to-date basis, the stock has rallied around 10 per cent and has outperformed the Nifty IT index that gained around 9 per cent during this period. By comparison, the Nifty50 index slipped around 2 per cent YTD.

Analysts expect information technology (IT) firms to report an improvement in earnings before interest and taxes (EBIT) margins in Q4FY18, aided by currency, operational efficiency and automation. Key monitorables for the Street include FY19E revenue guidance/outlook, along with sustainable margin trends. For Infosys, analysts are also keeping a tab on the strategy roadmap by the new chief executive (CEO), Salil Parekh.

“Deal flows and progress on rising deal sizes of new digital deals are also critical data points to watch. Vertically, the key BFSI and Retail verticals will be watched. The increasing role of automation and other margin levers are other critical factors,” said Harit Shah, senior analyst - IT at Reliance Securities.

Here is a quick compilation of what leading brokerages and research houses expect from Infosys on Friday.