
Infosys, India's second-largest IT firm, is set to announce its Q1FY25 financial performance on July 18. Analysts anticipate strong growth driven by multiple mega-deal expansions and a favorable base effect. The company is expected to report notable sequential revenue growth and margin expansion, with CC revenue growth seen at 2.4% QoQ and margins rising by 60 basis points due to the reversal of one-offs and visa costs. Ahead of the earnings release, Infosys' stock has reached a 52-week high, gaining 2%. Guidance is likely to be maintained.
#Infosys Q1 results Live: #IT stock hits 52-week high ahead of June quarter result, guidance likely to be maintained https://t.co/Ia6sIV2BoP
#CNBCTV18Market | ⚡️#Infosys at 52-week high ahead of reporting its Q1 results today, up 2% https://t.co/h5G3nNz5bX
#Infosys Q1 results #Live: IT stock gains ahead of June quarter result, guidance likely to be maintained https://t.co/Ia6sIV23zh
