Infosys, a prominent player in the IT services industry, is gearing up to unveil its financial results for the fiscal fourth quarter and the year ending March 31, 2025. Scheduled for April 17, 2025, at 3:45 PM IST, this announcement will provide insights into the company’s performance during a challenging economic backdrop. Following the results announcement, Infosys’s leadership will engage in a press conference at 4:15 PM IST, offering media representatives the opportunity to ask pressing questions. This event will be broadcast live on the Investor Relations section of the Infosys website.

Insights into the Q4 Financial Results

On April 17, Infosys will also host a 60-minute conference call at 5:30 PM IST, where top executives will delve into the company’s financial standing and address inquiries from participants.

In the third quarter of FY25, Infosys reported a profit of Rs 6,806 crore, reflecting a year-on-year increase of 11.46%. The company’s operational revenue for Q3 stood at Rs 41,764 crore, marking a 7.58% uptick compared to the Rs 38,821 crore recorded in the same quarter of FY24.

Anticipated Challenges for Q4 Results

The Indian IT sector may face hurdles stemming from reciprocal tariffs enacted by the U.S. government, which could dampen economic growth and impact technology expenditures across critical sectors such as manufacturing, logistics, and retail. According to Kotak Institutional Equities (KIE), the adverse macroeconomic climate may influence Infosys’s Q4 results and projections for FY2026, with anticipated growth between 1-4%.

KIE predicts a 2.3% sequential revenue decline due to reduced revenues from third-party service deliveries and typical seasonal demand weaknesses. The March quarter has historically posed challenges for Infosys, with forecasts indicating a 60 basis points decline in EBIT margins driven by wage adjustments for junior staff, albeit countered by rupee depreciation. The firm expects a total contract value (TCV) of $3 billion from large deals, a decrease in year-on-year comparisons.

Key Factors to Monitor

InCred Equities anticipates that seasonal trends will contribute to a quarter-over-quarter decrease in revenue. The firm notes that revenue weaknesses combined with a partial wage increase could adversely affect EBIT margins, although operational efficiency and currency fluctuations may provide some relief.

Investors are encouraged to keep an eye on several critical factors during this earnings season:

• Spending Slowdown: Effects of tariff wars and macroeconomic challenges.
• Program Cancellations: Any changes in project commitments.
• Deal Pipeline Strength: Focus on large deal wins, which have been subdued over the past three quarters.
• Pricing Pressures: Client demand for AI-enhanced solutions.
• Margin Strategies: Insights into margin improvement plans for FY2026.
• Guidance Assumptions: Clarity on whether the guidance is back-loaded or front-loaded.

Brokerage Estimates

Several brokerage firms have provided their estimates for Infosys’s upcoming Q4 results:

• InCred Equities:

  • Revenue: Rs 42,085.80 crore (up 11% YoY)
  • Profit: Rs 6,699.10 crore (down 15.9% YoY)
  • EBIT: Rs 8,753.90 crore (up 14.9% YoY)

• Kotak Institutional Equities:

  • Revenue: Rs 41,767.20 crore (up 10.1% YoY)
  • Adjusted Net Profit: Rs 6,580.10 crore (up 9.7% YoY)
  • EBIT Margin: 20.7%
• JM Financial:
  • Revenue: Rs 37,923.00 crore (up 9.7% YoY)
  • Net Profit: Rs 7,969.00 crore (down 18.6% YoY)
  • EBIT: Rs 7,621.00 crore (up 11.2% YoY)

As the date approaches, stakeholders will be keenly observing how Infosys navigates the evolving landscape and what guidance the company provides for the upcoming fiscal year.