Infosys Results
Consol PAT at 3,603 Cr Vs Rs 3,708 cr, Down 3% QoQ
Margins at 24.6% Vs 25.1% QoQ; Consol $ Sales at $2.57 Bn Vs $2.55 Bn QoQ
FY17 revenues crosses 10 billion dollars for first time ever
Sets FY18 reve guidance at 6.5% - 8.5% in CC terms; lower than estimate
Cons EBIT at Rs 4,958 cr vs poll of Rs 4,241.63 cr
Cons EBIT margin at 24.7% vs poll of 24.6%
Technical Level
Support at 913 and Resistance at 993
Above 993 will see upside rally till 1015--1030+++ mark.
Looks weak only if close below 993
More will update soon!!
