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Infosys Misses Q4 Estimates
Financial Express Hyderabad
|April 18, 2025
INFOSYS' MUTED OUTLOOK echoes comments made by larger rival TCS last week, which pointed to delayed decision-making among clients.
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For the January-March quarter, Infosys reported consolidated revenue of ₹40,925 crore, down 2% sequentially and significantly below the Bloomberg consensus estimate of ₹42,117 crore. The company attributed the drop to weakness in large project spending, particularly in North America, which makes up over half of its revenue.
Profit, however, grew sequentially by 3.3% to ₹7,033 crore, beating analyst expectations of ₹6,698 crore. The company maintained its operating margin guidance for FY26 at 20-22%, with the March quarter Ebit margin falling 30 basis points to 21% due to wage hikes and acquisition-related costs.
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