Infosys to announce Q3 results today: What to expect

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Bangalore | Updated: January 14, 2016 9:01 AM

The key things to watch out for from Infosys as it announces the financial results for the third quarter of FY16 on January 14.

infosys, vishal sikkaInfosys has indicated that it would like to improve the current deal pipeline from the current $500-700 million to $1 billion. (Express photo)

The key things to watch out for from Infosys as it announces the financial results for the third quarter of FY16 on January 14.

* Revenue growth estimates: Given that the third quarter is a seasonally weak one, the expectations are that Infosys may post modest sequential revenue growth of around 1% in US dollar terms.

* Impact of Chennai floods: Margins likely to be impacted by around 40 basis points, due to Chennai floods.

* Operating profit margins: The company has stated its intention of maintaining its OPM around the 25% range. It remains to be seen whether it will be able to hold on to this level as the third quarter is likely to see the impact of  cross-currency movement.

* Deal pipeline: Infosys has indicated that it would like to improve the current deal pipeline from the current $500-700 million to $1 billion.

* Outlook for 2016: The Infosys management will be keenly watched for its commentary on the demand outlook for 2016 as the year begins with new contract signings and renewals.

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