Infosys slips ahead of results; analysts expect weak show

Infosys

23/04/2026 05:11

** Shares of Infosys INFY.NS drop 1% ahead of Q4 results

** Analysts, on avg, expect INFY to post 12.5% Y/Y rev growth and 6.5% Y/Y profit growth - LSEG compiled data

** India's no. 2 IT firm expected to post a seasonally weak Q4, with analysts flagging flat-to-negative sequential growth and modest margin pressure

** Nomura forecasts about a 1% sequential decline in cc revenue in Q4 and a ~40 bps dip in EBIT margin to around 21%, citing visa costs and the absence of one-off gains

** HSBC expects limited organic revenue in Q4, adding Q4 is seasonally weak for INFY as it also has lower working days on a sequential basis

** On Tuesday, rival HCLTech HCLT.NS missed Q4 results estimates and gave FY27 outlook below analysts' estimates

** Avg rating on INFY at "buy"; median PT is 1,660 rupees - LSEG compiled data

** YTD stock down 22.4% vs IT index's .NIFTYIT ~20% drop

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))