Infosys Q2 preview: Revenue could rise by up to 26% YoY; share buyback eyed

Infosys Q2 results preview: The company's margins are expected to improve by around 30 basis points (bps) on a quarterly basis (QoQ) to 20.3 per cent vs 20.1 per cent in Q1FY23 and 21.5 per cent in Q4

Analysts expect Bengaluru-based IT major Infosys to deliver the highest revenue growth among large-sized peers for the July-September quarter (Q2FY23). 

Brokerages see healthy yearly (YoY) revenue growth of 23-26 per cent at around Rs 36,672 crore in Q2 aided by sustained momentum in digital programs, and deal wins. 

The company’s margins are expected to improve by around 30 basis points (bps) on a quarterly basis (QoQ) to 20.3 per cent vs 20.1 per cent in Q1FY23 and 21.5 per cent in Q4FY22. This will likely be due to operational efficiency and improved pricing, analysts said. 

Besides, as per an average of six estimates,