Infosys Q3 preview: Net profit may jump 10%, revenue growth of 19% likely; deal intake, demand commentary eyed

Infosys is likely to report a consolidated net profit jump of 10-14% on-year for the quarter ended 31 December 2022. IT bellwether Infosys is expected to report 19-20% revenue growth for October-December, according to analysts. Brokerages believe that EBIT margins will fall on-year to 21-24%. Nirmal Bang sees Infosys’ deal wins at $2 billion. Investors will keenly watch demand trends in key verticals such as BFSI, retail, manufacturing, and communications, deal intake, and pricing environment considering high inflation. Ahead of its earnings, Infosys stock has an average price target of Rs 1,716.43, suggesting a potential 19% upside ahead.

Infosys Q3 results due date, time
Infosys will announce Q3FY23 results on Thursday, 12 January 2023, around 3.45 PM, according to the regulatory filing.