Infosys, according to analyst estimates, is expected to take a 1 per cent QoQ hit in its revenue growth in constant currency (CC) terms for the March quarter of FY20 (Q4FY20) due to disruptions caused by Covid-19 lockdown. The IT major is slated to announce its March quarter results on Monday, April 20.
The earnings before interest, tax, depreciation, and amortisation (EBITDA) margin is expected to be stable, while the impact of lower billing and utilisation decline due to Covid-19 disruptions are expected to be offset by rupee depreciation, lower variable compensation payout, and lower travel costs, analysts say.
"We expect revenues