No change in Infosys annual guidance

Posted By: Staff
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No change in Infosys annual guidance
Indian IT bellwether Infosys Ltd has maintained its revenue guidance at 7-9 percent in dollar terms for this fiscal (2014-15) as projected in April.

In a regulatory filing to the Bombay Stock Exchange (BSE) Friday, the global software major said the revenue for this fiscal would grow 7-9 percent year-on-year (YoY) over $8.25 billion posted in last fiscal (2013-14) and 5.6-7.6 percent in Indian rupee.

"Our consolidated outlook for fiscal year ending March 31, 2015 is that revenues are expected to grow 7-9 percent in dollar terms and 5.6-7.6 percent in rupee terms," the company said in a statement here.

The company has discontinued giving quarterly guidance since a year.

Read more about: infosys, q1 2014
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