Infosys sees FY13 revenue up 8-10%

Infosys Ltd services exporter,expects revenue to rise 8 to 10% in the fiscal year ending March 2013.

Written by Agencies | Bangalore | Published: April 13, 2012 9:09:30 am

Infosys Ltd,India’s second-largest software services exporter,expects revenue to rise 8 to 10 per cent in the fiscal year ending March 2013 to $7.6 to $7.7 billion,the company said on Friday.

Bangalore-based Infosys said that the year ahead looks challenging for the IT services industry,adding that volatility in the global currency market continues to be a challenge.

Infosys said consolidated net profit for the fiscal fourth quarter ended March 31 rose to 23.16 billion rupees ($449 million) from 18.18 billion rupees a year earlier,in line with forecasts.

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