Research ReportsInfosys Q3 Results Review — Pass Throughs Drive The Show; Q4 To See Moderation; 'Reduce' Says Dolat Capital
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Infosys Q3 Results Review — Pass Throughs Drive The Show; Q4 To See Moderation; 'Reduce' Says Dolat Capital
Although the outlook has shown improvement, the brokerage maintains a cautious stance on Infosys until the updated FY26 guidance and client budget outlook.
Infosys raised FY25E CC revenue guidance in 4.5%-5% range citing an improved deal pipeline, but it implies negative 1-2% growth for Q4, while OPM guidance is retained at 20-22%.
(Photo: Vivek Amare/NDTV Profit)
With a strong 1.7% QoQ growth in a seasonally lean quarter and better nearterm demand, Infosys raised its FY25 revenue guidance for third consecutive quarter (Q1: 3%-4%), to now 4.5%-5% CC.