is expected to indicate traction from major deal wins reported during the quarter, while Infosys is set to upgrade its guidance for the FY and Wipro is projected to indicate its M&A strategy following a year of acquisitions. Analysts also expect commentary on normalisation of talent crunch.
TCS is expected to report revenue growth of 13-14% and a profit expansion of 14-17% from a year earlier, backed by strong deal wins during the December quarter. The company reported deals from new and existing customers across Jaguar Land Rover, SBI, Cainz, Celcom, Juniper, Swiss Re and Plaza Premium Group among many others. Analysts expect margin growth of around 0.2 percentage point due to benefits from the addition of a large number of freshers to the headcount during the past quarters as well as continued gains from the shift to offshored projects.
Analysts expect Infosys to report the fastest growth among its peers – 16-18.5% in revenue and up to 13% in profit from a year earlier. It is also expected to revise its guidance for FY22.
Wipro is projected to post nearly flat YoY profit growth, but revenue growth is expected to be 28-29% for the quarter. The new leadership has implemented a number of changes at operational and organisational level and analysts will be looking out for commentary on how the measures have fared.
