Key things to watch out for in Infosys results

IT major Infosys would be announcing its results for the quarter ended June 2019 today. The results of the Bengaluru-based IT services provider comes days after a muted show by IT behemoth TCS. Here are the key things to watch out for:

Margins

The margins of the company might be impacted on the back of the wage hike and strengthening of the rupee vis-a-vis dollar in the past quarter. EBIT margin to decline 110 bps due to wage revision for 85% of employees that will impact margins by 100 bps, higher H-1B visa applications relative to the previous year that will result in additional costs, and a rupee appreciation impact of 30 bps.