Infosys Technologies is to announce its Q3FY08 results. According to CNBC-TV18 estimates, it is expected to post growth of 7% in its net profit at Rs 1176.5 crore for the quarter ended December 2007 as against Rs 1100 crore in previous quarter.
Revenues are seen going up 5.7% to Rs 4340 crore versus Rs 4106 crore. EBIDTA is seen up 6.4% at Rs 1366 crore as against Rs 1284 crore. EPS is likely to be Rs 20.59.
Factors to watch
- Seasonally weak quarter
- Dollar revenues to be over 1100 million; could be growth of over 7%
- Philips BPO revenues would kick in with 1.5%-2% volumes growth
- Consolidated volumes to be up 7-8% higher and pricing to increase marginally
- Watch out for bounce back in employee addition; may rise to 7000-8000 net additions (had deferred additions of 2500 employees because of delay in mysore facility)
- Marginal increase in margins helped by lower appreciation,
- No material change n forex cover. Had forex cover of 1412 million at the end of Sept broken into 1055 million forwards and 357 options
