Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts

Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23

Infosys Q1 preview: IT major Infosys is likely to report revenue growth in the range of 5 to 6 per cent quarter-on-quarter (QoQ) to Rs 34,219 crore in June quarter (Q1FY23), driven by strong deal pipeline and order book momentum. The tech services firm had reported revenue at Rs 32,276 crore in the last quarter of FY22 (Q4FY22). Infosys is slated to report its results on Sunday, July 24.

Analysts also anticipate incremental impact on the margin front due to supply-side challenges, wage revision, higher attrition, and travel and facility costs. They expect Ebit margin to contract in the range