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Published 14 days ago

Infosys Finds Support From Brokerages Even After Q4 Miss, Muted FY25 Guidance

Summary by NDTV Profit
Infosys guided for a weaker-than-expected constant-currency revenue growth guidance for the current financial year at 1–3%, while the EBIT margin guidance was at 20–22%. "Infosys' FY25 margin guidance of 20-22% is steady YoY and achievable in our view," said Akshat Agarwal in a report by Jefferies.The IT major's shares opened in the red on the back of the earnings report card, which came out after the markets closed on Thursday.The Q4 miss on re…

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