Infosys Q1 Results 2024 Date and Time: Infosys, country’s second largest IT services company, will announce results for the first quarter on July 18. The results will be out at 3.45 PM for the first quarter, which ended on June 30, 2024. The market capitalisation of Infosys zoomed to Rs 7.21 lakh crore as of July 18.
A press conference from the leadership team will be held at 4.30 PM today. During this session, executives will field questions from the media, with the event streamed live on Infosys’ Investor Relations section of the website. You can access it here: https://www.infosys.com/investors/reports-filings/quarterly-results/2024-2025/q1.html.
Earnings call
The company will host a 60-minute earnings conference call on today at 6 PM. This call is open to investors and analysts worldwide, where senior management will review the company’s performance and field questions from participants. The event will be broadcast live on Infosys’ Investor Relations website.
Where to watch the webcast of Infosys Q1 results?
One can watch the live telecast of the Infosys Q1 results here: https://www.infosys.com/investors/reports-filings/quarterly-results/2024-2025/q1/press-meet.html
Infosys Q4 FY24 results – Brief Overview
Infosys had announced its Q4 FY24 results on April 18, 2024, revealing a 1.29% year-over-year increase in revenue and a 30.04% rise in profit. Sequentially, however, revenue decreased by 2.31%, while profit saw a 30.51% increase compared to the previous quarter.
Infosys’ revenue is expected to rise to Rs 38,948 crore in April-June from Rs 37,923 crore in the March quarter, according to the average of five brokerage firms. The company is also likely to see a 70 basis point quarter-on-quarter rise to 20.8% in operating margin, also known as EBIT margin. “We are building 2.1% q-o-q cc revenue growth with notable margin tailwinds from the absence of visa costs and partial reversal of one-time impacts,” JM Financial said in a report.