Infosys Q2FY22 Earnings Results – Street expects a 4.9% jump in Dollar revenues; wage hikes, supply side issues to hit margins
The company has undertaken wage hikes and that coupled with certain supply side issues is expected to hit its margins. It is expected to come down from 23.7 percent to 22.1 per cent – a 1.5 per cent margin impact on the quarter-on-quarter basis
The street is expecting a 4.9 per cent jump in its Dollar revenues at USD 396.6 cr in the reporting quarter