Infosys forecasts 6-10 per cent revenue growth this fiscal
Posted on: 11:15 AM IST Apr 12, 2013
Bangalore: Infosys has projected a modest revenue growth of 6 to 10 per cent for fiscal 2013-14 over same period last year, of Rs 40,352 crore (Rs.404 billion) or $7.4 billion. The projection was part of a regulatory filing on Friday by the IT bellwether.
"The company's outlook (consolidated) for fiscal ending March 31, 2014, under IFRS (International Financial Reporting Standard) is revenues are expected to grow six to 10 percent," the global software major said.
The company has stopped giving quarterly guidance since the second quarter (July-Sept) of last fiscal in view of the tough macro-economic environment.