New Delhi: Market bellwether Infosys Technogies will declare its fourth quarter results on Friday.
The stock markets, which have been reeling under a Bear Run for the last few weeks, are keenly waiting for the results.
The company had reported a 50 per cent growth in revenue and profits in the third quarter and a similar outcome in the fourth quarter as well may just lift the sagging morale of the markets.
The market expects Infosys to deliver a net profit growth of 5.7 per cent, while the revenues are expected to rise by 6.39 per cent to Rs 3,888 crore.
The company is expected to give a guidance of 25 per cent growth in revenue and a year on year growth of 22 to 23 per cent in the earnings per share for the current fiscal year.
Experts, however, believe revenue and earnings of IT companies will fall in 2007-08.
Infosys is India's second largest software exporter and the second most heavily weighed stock on the 30-stock BSE index.
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