Infosys Q3FY2023 Results: India’s second largest IT firm, Infosys is all set to announce its third-quarter financial results for fiscal year FY23.
Infosys quarterly results 2023The Bengaluru-headquartered software manufacturer is expected to give the details of its Q3 results after market hours at around around 3.45 PM (Indian Standard Time) on January 12, 2023.
As per the regulatory filing, there will be a common press conference held for the quarter. The leadership team will be part of a common press conference at 4.30 pm
The participating executives will address questions from the media during this interaction, which will be streamed live on the Investor Relations section of the Infosys website.
Infosys quarterly results: What to know ahead of Q3 earnings announcement?
Infosys is expected to report a consolidated net profit jump of 10-14% on-year for the quarter ended 31 December 2022. According to analysts, the IT giant is expected to report 19-20% revenue growth for October-December.Analysts said that Infosys is likely to retain its FY23 guidance of 15-16 % CC YoY revenue growth as well as the EBIT margin guidance of 21-22 %.
BFSI, retail, manufacturing, large deal intake, client conversations and pricing environment considering high inflation are some of the factors that investor will keenly watch in Q3FY23.
Infosys Q2FY23 results
Infosys had posted an 11.1 % rise in its consolidated net profit at Rs 6,021 for the quarter ended September, 2022. The company had clocked a consolidated profit of Rs 5,421 crore in the corresponding three months a year ago.
The company’s revenue from operations grew 23.4 % to Rs 36,538 crore during the quarter under review as against Rs 29,602 crore in the Q2 FY22
