Infosys Q2 preview: IT major could increase revenue guidance for FY22

After a disappointing show by information technology (IT) bellwether Tata Consultancy Services (TCS) for the quarter ended September 2021, markets have switched focus towards the earnings report card by Infosys which is slated to be out on October 13, Wednesday.

Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys’ revenue during the second quarter of the financial year 2021-22 (Q2FY22) on contribution from Daimler deal, higher adoption of digital transformation by clients, anticipated broad-based growth across verticals, and strong seasonality. They further expect Infosys to increase its revenue guidance for the third time in a row.