- Infosys has revised its fiscal year revenue growth forecast to between 4.5% and 5%, up from the previous forecast of 3.75% to 4.5%.
- The projected operating margin is maintained at 20% to 22%, close to the estimated margin of 21.1%.
- Third-quarter net income rose to 68.1 billion rupees, marking an 11% increase year-over-year and surpassing the estimate of 67.73 billion rupees.
- Infosys generated a quarterly revenue of 417.6 billion rupees, a 7.6% increase year-over-year, exceeding the estimate of 413.54 billion rupees.
- Revenue from the Financial Services segment reached 115.89 billion rupees, a 7.5% growth year-over-year, beating the estimate of 113.62 billion rupees.
- Retail business revenue increased by 1.7% year-over-year to 57.46 billion rupees, exceeding the estimate of 55.73 billion rupees.
- The Communications segment experienced a 6.1% revenue growth to 46.88 billion rupees, slightly under the estimate of 49 billion rupees.
- Energy and utilities revenue saw a 10% year-over-year increase to 56.35 billion rupees, closely matching the estimate of 56.23 billion rupees.
- The Manufacturing segment posted a 12% rise in revenue year-over-year, reaching 64.79 billion rupees and surpassing the estimate of 63.39 billion rupees.
- Hi-tech revenue grew by 9.7% year-over-year to 32.79 billion rupees, slightly below the estimate of 33.03 billion rupees.
- Life sciences revenue reached 31.95 billion rupees, marking an 8.2% increase year-over-year and surpassing the estimate of 31 billion rupees.
- The company achieved an operating margin of 21.3%, up from 20.5% year-over-year and slightly above the estimated 21.2%.
- Attrition rate stood at 13.7%.
- The cost of sales rose by 6.9% year-over-year to 291.20 billion rupees, higher than the estimate of 286.61 billion rupees.
- Total operating expenses increased by 3.4% year-over-year to 37.32 billion rupees, lower than the estimate of 38.48 billion rupees.
- Selling and marketing expenses grew by 8.2% year-over-year to reach 18.39 billion rupees, slightly below the estimate of 18.91 billion rupees.
- Administrative expenses decreased by 0.9% year-over-year to 18.93 billion rupees, performing better than the estimate of 20.02 billion rupees.
- Market analysts have given the stock 33 buy ratings, 9 holds, and 5 sells.
A look at Infosys Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Infosys Ltd shows a promising long-term outlook. With a top score in Dividend and Resilience, the company demonstrates strong financial stability and a commitment to rewarding investors. A solid score in Growth indicates potential for expanding its market presence, while Momentum suggests positive performance trends. Although Value scored lower, Infosys Ltd‘s overall outlook appears robust due to its high scores in key areas crucial for sustained growth and shareholder satisfaction.
Infosys Limited, a provider of IT consulting and software services, is positioned for a bright future as indicated by its impressive Smartkarma Smart Scores. Specializing in e-business, program management, and supply chain solutions, Infosys caters to various sectors including insurance, banking, telecommunication, and manufacturing. With strong scores in Dividend, Resilience, Growth, and Momentum, Infosys Ltd showcases a sound strategy for long-term success and resilience in the ever-evolving IT industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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