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After the stellar performance by TCS, all eyes are on Infosys, which is scheduled to declare the June quarter results on Friday. Analysts expect EBIT margin to decline 100 bps due to wage revision and higher visa costs. However, most analysts believe the software major will maintain revenue growth guidance at 6-8 per cent in constant currency for FY19, with a better deal flow outlook. Brokerages expect net profit to grow 1-3 per cent sequentially and 6-9 per cent year-on-year.
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