Infosys Q2 Results Live Updates: Buyback clarity awaited; Guidance may be tightened

Infosys Q2 Results Live Updates: India's second-largest IT services provider Infosys Ltd. will be reporting its September quarter results after market hours on Thursday, October 16. A CNBC-TV18 poll is anticipating the company's US Dollar revenue to grow by 2.2% from the June quarter, while revenue in rupee terms is likely to grow by 4.4% sequentially. Watch this space for all the live updates.

Infosys Q2 Results Live Updates: India's second-largest IT services provider Infosys Ltd. will be reporting its September quarter results after market hours on Thursday, October 16. A CNBC-TV18 poll is anticipating the company's US Dollar revenue to grow by 2.2% from the June quarter, while revenue in rupee terms is likely to grow by 4.4% sequentially. Earnings Before Interest and Tax (EBIT) for the quarter may grow to ₹9,385 crore from 8,803 crore in June, while EBIT margins may expand by 50 basis points from June. In constant currency terms, revenue growth is seen at 1.8% as per the CNBC-TV18 poll. All eyes will be on the company's revenue growth and margin guidance for the full financial year. The street is hopeful that the guidance band would be tightened to 2% to 3% for revenue growth from 1% to 3% earlier. Margins are likely to remain between 20% to 22%. Outlook on client discretionary spending, H-1B visa hike and impact on onsite costs, wage hike cycle clarity are some of the other aspects where the street will be awaiting clarity on. Watch this space for all the live updates.