Analysts are watching carefully as one of India's leading software exporter, Infosys prepares to kick-off March quarter earnings season on Friday.

Analysts have not expressed what they expect from the company, which had originally aimed for 20 per cent growth in 2011/12 but was forced to receive it downward to 16 per cent during the year due to various reasons.

Infosys guided to full year revenues in the range of $7,029 million and $7,033 million during the December quarter. The company is likely to target a growth rate of between 11 and 13 per cent in 2012-13 as predicted by industry body Nasscom.

Even as national economies begin to recover around the world, the businesses are still cautious on spending on IT services. The full year guidance will also show if the Bangalore-based technology giant is able to keep its lead over Cognizant.

Analysts will also be looking for management's comment on the unfolding visa troubles for workers as well as the company's hiring numbers for this year. The company is expected to behind rivals Wipro and HCL Technologies in volume growth.