Will Infosys break its tradition of annual revenue guidance?

HYDERABAD : By this time of the year, many investors and analysts start dissecting the annual results and revenue forecast of Infosys Ltd. But this time around, there is no news of when earnings will be announced.

The Bengaluru-based company lost the bellwether tag to Tata Consultancy Services Ltd (TCS) long ago, owing to a leadership crisis in the past decade. Still, the fact that it provides an annual revenue guidance, while TCS doesn’t, makes its results announcement an eagerly anticipated affair.

When Infosys is eventually ready to announce its March quarter earnings, it will in all likelihood at least temporarily discontinue its practice of giving an annual revenue forecast.