Infosys Expectations :
Tomorrow, India's biggest Software organization, Infosys will announce its FY11 Q2 results.
1,726.15 crore in the second quarter of this fiscal as compared to Rs. 1,488 crore reported in the first quarter of this fiscal.On the sales front, they estimate that the IT bellwether is likely to post a quarter-on-quarter 9.46 per cent growth in the second quarter.
EBIDTA margins estimated at 33.4% vs 31.7% (QoQ, consolidated)
Margins growth on robust volume growth (estimated at 7-8% QoQ)
Rupee might actually help, average depreciation against USD at 1.73%
4-6% revenue growth guidance expected for Q3 from Infosys.
Other Major Results :
Karnataka Bank (15/10/2010)
Bajaj Auto (18/10/2010)
Cadila (18/10/2010)
Concor (18/10/2010)
Hcltech (18/10/2010)
HDFC Bank (18/10/2010)
Polaris (18/10/2010)
Religare (18/10/2010)
Tata Coffee (18/10/2010)
Friday, October 15, 2010
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