Dollar Biggest Quarterly Rise
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Infosys Q1 Profit Seen At Rs 3,435 Crore, Dollar Revenue May Rise 4.1%
Infosys, India's second largest outsourcer, is expected to report a net profit of Rs 3,435 crore on sales of Rs 17,028 crore in the June quarter, according to analysts polled by NDTV Profit. Infosys numbers come a day after TCS, India's biggest outsourcer, reported better-than-expected profit in Q1.
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India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
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IT Firms Set to Report Slowest Growth in 5 Years on Dollar Strength
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-U.S. markets, including Europe, in what was already a seasonally slow period.
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Infosys biggest loser on Nifty after management rejig; Q3 awaited
Third quarter is likely to be tepid because of lesser working days and year-end shutdowns in US and Europe from where Infosys earns around 85 per cent of its revenues. Nomura expects Infosys sales (in dollar terms) to grow at 2 per cent quarter-on-quarter as against 3.2 per cent sequential rise for tier-1 IT companies.
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Infosys Q1 Profit Seen At Rs 3,435 Crore, Dollar Revenue May Rise 4.1%
Infosys, India's second largest outsourcer, is expected to report a net profit of Rs 3,435 crore on sales of Rs 17,028 crore in the June quarter, according to analysts polled by NDTV Profit. Infosys numbers come a day after TCS, India's biggest outsourcer, reported better-than-expected profit in Q1.
-
India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
-
IT Firms Set to Report Slowest Growth in 5 Years on Dollar Strength
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-U.S. markets, including Europe, in what was already a seasonally slow period.
-
Infosys biggest loser on Nifty after management rejig; Q3 awaited
Third quarter is likely to be tepid because of lesser working days and year-end shutdowns in US and Europe from where Infosys earns around 85 per cent of its revenues. Nomura expects Infosys sales (in dollar terms) to grow at 2 per cent quarter-on-quarter as against 3.2 per cent sequential rise for tier-1 IT companies.
