Infosys Shares Dip Ahead of Q1 Results Announcement

Mumbai – On Friday, Infosys (NSE: INFY) saw its share price settle in the red, down 0.36% to ₹1,488.50 per share. This year, the IT stock has declined over 4%, though it has returned over 14% in the past year. India’s second-largest IT services company, Infosys Ltd, is set to announce its first-quarter results for the financial year 2025 on July 18, 2024.

Market Expectations and Previous Guidance:

Investors and analysts will closely monitor Infosys’ revenue growth guidance. In its fourth-quarter results announced in mid-April, Infosys projected revenue growth for FY 2025 to be between 1% and 3%. This forecast was more conservative compared to a finance poll of analysts, which anticipated guidance of 2% to 6% revenue growth for the current fiscal year.

Additionally, Infosys provided an EBIT margin guidance range of 20% to 22% for FY 2025.

Performance Analysis:

• Year-to-Date Performance: Infosys shares have dropped by over 4% so far in 2024.
• One-Year Return: Despite the recent dip, the stock has offered a return of over 14% in the past year.

Key Points to Watch:

1. Revenue Growth Guidance: Market participants will be keen to see if Infosys revises its revenue growth projections for the fiscal year, given the previous conservative estimate.
2. EBIT Margin: The company’s ability to maintain its EBIT margin within the 20% to 22% range will be crucial.
3. Market Reactions: The stock’s performance post-announcement will reflect investor confidence in the company’s forward-looking statements and operational strategies.

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