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Infosys Q1FY17 results: Key expectations

Will the numbers beat expectations? Here's what leading research and brokerage houses expect

Puneet Wadhwa  |  New Delhi 

TCS kicked-off the Q1FY17 earnings season for information technology (IT) companies on Thursday. Net profit at Rs 6,317 crore for the quarter ended June 30, 2016 grew 10.6% year-on-year, while revenues surged 14.1% at Rs 29,304 crore, from Rs 25,668 crore in the same quarter last year.

Infosys is set to report its numbers for Q1FY17 on Friday. Will they be able to beat the Street? Here's what leading research and brokerage houses expect: NOMURA Expect constant currency (CC) growth of 3.5% q-o-q. FY17 CC revenue growth guidance could be cut to 11% - 13% (11.5% - 13.5% ...

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First Published: Thu, July 14 2016. 18:22 IST
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