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Infosys US dollar revenue is likely to decline 0.2% to $5,087.8 million, as per a CNBC-TV18 poll.

Its EBIT may come in at ₹9,855 crore and margins are likely to expand by 50 basis points.

Infosys shares are currently down 1.7% ahead of their fourth quarter earnings.

Investors will be watching out for the company’s management commentary on guidance.

The stock is down 0.7% in the past month and has declined 23.4% this year, so far.

Infosys margins could improve because of cost actions and currency movement, as guidance may be seen steady at 20-22%

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Shares of Infosys are down to the lows of the day, currently trading 1.4% lower at ₹1,250 ahead of the earnings announcement.

The stock is down 25% over the last three months.

– Margins may expand by 50 basis points from the previous quarter

– Benefits from a weak rupee and internal efficiency measures like Project Maximus

– Benefits could be offset by seasonal factors like visa costs, fewer working days, and the absence of one-off land sale gain in the previous quarter

– Brokerages such as BofA and Goldman Sachs expect Infosys to guide for Constant Currency Revenue Growth to be between 1.5% to 4.5% for FY27

– Brokerages like CLSA, JPMorgan and UBS have a slightly wider projection range of 2% to 5%

– Nomura and Citi expect the range to be more conservative for FY27, between 1% to 4%

As per the CNBC-TV18 poll, Infosys’ net profit is seen going up by 15.3% to ₹7,670 crore from ₹6,654 crore during the December quarter.

– US Dollar revenue seen 0.2% lower at $5,087.8 million

– Rupee revenue seen 1.8% higher at ₹46,329 crore

– EBIT seen at ₹9,855 crore from ₹9,479 crore in the previous quarter

– EBIT margin may expand to 21.3% from 20.8% last quarter

– All numbers as per a CNBC-TV18 poll and compared quarter-on-quarter

Infosys results are significant as they set the trend for the rest of the sector in terms of future outlook.

However, this time around, they assume greater significance as the results come after most of its peers, TCS, Wipro, HCLTech and Tech Mahindra have already reported their results for the quarter.

Good Morning!

Welcome to CNBC-TV18’s Live coverage of Infosys’ fourth quarter results.

Results will be reported after market hours today.

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