Infosys Q4 result analysis: Buy, sell or hold? What brokerages suggest

Infosys reported its results for the quarter ended March 2022 post market hours on Wednesday and logged 12 per cent year-on-year rise in its consolidated net profit at Rs 5,686 crore. The Bengaluru-based IT major saw its revenue rise 23 per cent to Rs 32,276 crore in the recently concluded quarter, as against Rs 26,311 crore in the previous corresponding period. 

EBIT margin dipped 190 basis points (bps) quarter-on-quarter (QoQ) to 21.6 per cent due to lesser days, lower utilisation, and higher visa costs. The company has guided at a margin of 21-23 per cent for FY23 (100bp