Nomura Anticipates Strong Performance from Infosys and Coforge in Q1 FY25

As we approach the first quarter of the fiscal year 2025, Nomura maintains an optimistic outlook for major IT firms Infosys Limited INFY and Wipro Limited WIT. Analysts are particularly focused on these companies, expecting that the revenue growth rates, which have been under pressure, may finally be stabilizing. This anticipated stabilization is seen as a potential inflection point that could halt the sector's ongoing earnings per share (EPS) downgrade cycle. Market observers suggest that the shift could be a harbinger of more robust financial performance in the foreseeable future.

Infosys Limited INFY - Innovating Towards the Future

INFY, a global leader in digital services and consulting, is poised to reveal its Q1 FY25 results. The company has been a frontrunner in driving technological advancements across North America, Europe, India, and other international markets. Headquartered in Bengaluru, India, INFY continues to excel in delivering comprehensive next-generation solutions, including technology outsourcing and a wide array of services that reflect a commitment to innovation and customer satisfaction.

Wipro Limited WIT - A Visionary in IT and Consulting

Similarly, WIT is also on the cusp of disclosing its financials for the same quarter. This global information technology powerhouse has consistently pushed the envelope in IT consulting and business process services. With its base in Bengaluru, India, WIT has amassed a reputation for its cutting-edge approaches to solving complex business challenges through a blend of deep industry insights and technological expertise.

The positive sentiment shared by Nomura and other financial institutions regarding INFY and WIT comes at a crucial time. As the sector seeks to move past recent hurdles, the ability of these major players to potentially reverse the EPS downgrade trend can signal a broader recovery and growth trajectory for the industry. Consequently, investors are keeping a keen eye on these companies as their forthcoming earnings release could serve as a catalyst for reshaping market expectations and investment strategies in the IT sector.

Infosys, Wipro, Nomura