Consensus expectations for Q1FY19E Revenue – Rs33,961cr, up by 5.9% qoq aided by a pick‐up in retail after a weak FY18 and ramp up from insurance deals EBIT – Rs8,269cr, up by 1.5% qoq EBIT Margin – 24.3%, contraction of 107bps qoq as headwinds from cross currency and wage hikes offset INR depreciation PAT – Rs6,958cr, up by 2.3% yoy
Q4FY18 performance highlights: Revenue – Rs32,075cr, up by 3.8% qoq, on the back of robust growth in mid-size verticals EBIT – Rs8,147cr EBIT Margin – 25.4% PAT – Rs6,904cr
Remarks: Key monitorable would be demand outlook for BFS vertical in US. Progress of recently won large deals would be key. Quantum of digital deals and deal pipeline.