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Apr 15 β€’ 4 tweets β€’ 3 min read Twitter logo Read on Twitter
#INFOSYS

Q4 QoQ - REVIEW

⚠️ A MISS ON ALL FRONTS!

CONSTANT CURRENCY REVENUE
πŸ€¦β€β™‚οΈ Declines 3.2% Vs Expectation of 0.5% Growth

MARGIN
πŸ€¦β€β™‚οΈ Down 50 Bps @ 21% Vs 21.5%
πŸ“Œ Expectations were at around 21.5%
🧐 This When Attrition Rate At 20.9% Vs 24.3% (QoQ)

@CNBC_Awaaz
#INFOSYS

FY’23 PERFORMANCE

πŸ“Œ Revenue Growth
@ 15.4% Vs Company’s Guidance Of 16-16.5%

πŸ“Œ EBIT Margin
@ 21% .. Comes In At Lower-end Of Co’s 21-22% Guidance

@CNBC_Awaaz
#INFOSYS

FY’24 GUIDANCE πŸ₯΄

πŸ“Œ Revenue Growth Guidance
@ 4-7% Vs Expectation of 6-8%
A) Way Lower A Start That What The Street Was Expecting
B) Plus Bigger Band Reflects More Uncertainty

πŸ“Œ EBIT Margin Guidance
@ 20-22% VS Expectation of 21-23%

@CNBC_Awaaz
#INFOSYS

Management Commentary - Uninspiring!

πŸ—£οΈ Unplanned Project Ramp Down In Some Clients

πŸ—£οΈ Delays In Decision Making Resulted In Lower Volumes

πŸ—£οΈ There Is Slowing In Deals But Our Pipeline Remains Strong

πŸ—£οΈ Saw Some Stabilisation In Environment In March

@CNBC_Awaaz

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