L&T Infotech Q4FY22 preview: Margins expected to decline; dollar revenue to grow 4.6%-February 2024-www.financetom.com

Market

L&T Infotech Q4FY22 preview: Margins expected to decline; dollar revenue to grow 4.6%

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

L&T Infotech Q4FY22 preview: Margins expected to decline; dollar revenue to grow 4.6%

Apr 18, 2022 7:43 AM

L&T Infotech is scheduled to report its Q4FY22 earnings on Tuesday (April 19).

CNBC-TV18 poll expects dollar revenue to grow by 4.6 percent at USD 578.5 million against USD 553 million in Q3FY22.

EBIT margin is likely to decline to 17.4 percent versus 17.9 percent on a quarter on quarter (QoQ) basis. Meanwhile, profit after tax is likely to grow by 3.9 percent at Rs 636 crore.

Management commentary on guidance, demand, deal wins and attrition will need to be closely watched.

The stock is down 17.6 percent in 2022 but is up 47 percent in the last one year. It is also one of the expensive stocks in midcap IT and trades at 37.5x forward multiples.

Watch video for more.

First Published:Apr 18, 2022 4:43 PM IST

Previous page： US STOCKS-Wall St futures edge up amid Fed rate cut optimism; earnings in focus Next page： Nasdaq Dips Over 100 Points Following Economic Data: Investor Sentiment Declines, Fear & Greed Index Moves To 'Neutral' Zone

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

US STOCKS-Wall St futures edge up amid Fed rate cut optimism; earnings in focus

Aug 6, 2025

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.34%, S&P 500 0.25%, Nasdaq 0.05% Aug 6 (Reuters) - U.S. stock index futures rose on Wednesday amid growing expectations of the Federal Reserve's interest rate cuts this year, while investors assessed a new wave of...

Nasdaq Dips Over 100 Points Following Economic Data: Investor Sentiment Declines, Fear & Greed Index Moves To 'Neutral' Zone

Aug 6, 2025

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index moved to the “Neutral” zone on Tuesday. U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling more than 100 points during the session. Shares of Inspire Medical Systems, Inc ( INSP ). dipped more than 32% on Tuesday after the...

McDonald's, Uber Technologies And 3 Stocks To Watch Heading Into Wednesday

Aug 5, 2025

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects McDonald’s Corp. to report quarterly earnings at $3.14 per share on revenue of $6.68 billion before the opening bell, according to data from Benzinga Pro. McDonald’s shares rose 0.3% to $299.75 in after-hours trading....

South African rand steady but tariff concerns linger

Aug 6, 2025

JOHANNESBURG, Aug 6 (Reuters) - The South African rand was steady in early trade on Wednesday, with investor focus still pinned on tariff updates before Washington's deadline. At 0724 GMT, the rand traded at 17.88 against the dollar , barely changed from Tuesday's close. The rand is trading below the R17.90 level this morning as it continues to recover from...