Infosys Q4 Results Live Updates: Stock falls to day's low ahead of earnings; Guidance is key

Infosys Q4 Results Live Updates: Infosys Ltd., one of India's largest technology services provider is set to report results after market hours on Thursday, April 23. The results assume greater significance especially after results from its peers have been a mixed bag. While TCS and Tech Mahindra reported a subdued quarter, HCLTech's results triggered a sharp sell-off not just in the stock but across the entire sector. Watch this space for all the LIVE updates.

Infosys Q4 Results Live Updates: Infosys Ltd., one of India's largest technology services provider is set to report results after market hours on Thursday, April 23. The results assume greater significance especially after results from its peers have been a mixed bag. While TCS and Tech Mahindra reported a subdued quarter, HCLTech's results triggered a sharp sell-off not just in the stock but across the entire sector. As per a CNBC-TV18 poll, Infosys is likely to report a 0.2% decline in its US Dollar revenue to $5,087.8 million, while its rupee revenue may rise by 1.8% to ₹46,329 crore. EBIT for the quarter is likely to be at ₹9,855 crore, while margins may expand by 50 basis points. All eyes though will be on the company's guidance, with most analysts seeing the guidance to be between 1.5% to 4.5% in constant currency terms. CLSA, JPMorgan and UBS are projecting a guidance range of 2% to 5%. Analysts also expect large deal TCV to be between $3 billion to $4 billion for the quarter. Watch this space for all the LIVE updates.