Infosys to share Q4 earnings today: Check results timing, details and preview here4Photo© hindustantimes.com

Infosys to share Q4 earnings today: Check results timing, details and preview here

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Infosys, the country’s second-largest IT services company, is set to announce its financial results for the fourth quarter ended March 2024 (Q4 FY24) on Thursday, April 18. The Q4 financial results will be declared at around 3:45 pm today. Following the results announcement, a press conference will be held at around 4:30 pm and a 60-minute earnings call will take place at 6 pm.

According to analysts, Infosys is expected to post tepid Q4 numbers as its revenue is expected to fall sequentially for the second consecutive quarter or to remain flat, and its guidance for FY2024-25 is also likely to be conservative.

The company’s revenue in the March 2024 quarter may have declined sequentially due to weakness in discretionary spending and weak seasonality. Its EBIT margin is likely to have been hit by wage hike impact, visa costs and muted revenue growth, said analysts.