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Infosys is going to present its quarterly results on October 17. According to a poll by CNBC TV18, the country's second largest IT company can register a growth of 3.6 percent on a quarter-on-quarter basis in dollar revenue. At the same time, the company's income in rupees can increase by 4 percent compared to the previous quarter and reach Rs 40878 crore. In Wednesday's trading, Infosys stock closed at 1919.9 with a decline of 2 percent.
 

The company's EBIT can remain at Rs 8723 crore, which was at Rs 8288 crore in the June quarter. That is, more than 5 percent growth can be seen in it. At the same time, according to the poll, an increase of only 20 basis points in the margin is possible. At the same time, the poll estimates that Infosys' profit can reach the level of 6755 with a growth of 6.1 percent on a quarter-on-quarter basis. The company's CC revenue growth can be 3 percent on a quarter-on-quarter basis. In the June quarter too, the company's revenue growth was above 3 percent. The poll estimates that the company will maintain the margin guidance for FY 2025 at 20-22 percent.

Domestic brokerage firm Kotak Institutional Equities estimates that Infosys can increase the revenue growth guidance for FY 2025 to between 4 to 5 percent, which was earlier 3 to 4 percent. Citi also estimates that the company can increase its guidance to 4 to 4.5 percent. Analysts' confidence in Infosys stock remains intact. Out of 45 analysts covering the stock, 30 have maintained an investment advice in the stock. 10 have advised hold and 5 have advised sell. 

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