Infosys, Wipro to post robust Q1 earnings: analysts
Brokerage houses expect Infosys to raise its FY22 revenue growth guidance, while wage hikes and hiring might hit margins for the IT majors.
Brokerage houses expect Infosys to raise its FY22 revenue growth guidance, while wage hikes and hiring might hit margins for the IT majors.
Revenue grows 20.7% to Rs 36,854 crore, operating margin increases to 26.5%, on strong demand for digital services and a falling rupee.
Tier-I firms expected to post quarter-on-quarter top line growth in the range of 0.5- 4.5%, said analysts