Infosys forecasts $4 billion revenues this fiscal

Infosys Technologies Ltd on Friday said that its revenues were expected to grow 22.6-24.6 per cent in 2007-08 and reach $4 billion.

In its guidance, the Nasdaq-listed software major said its revenues were expected to be in the range of Rs 17,038- 17,308 crore, a year-on-year growth of 22.6-24.6 per cent.
"Our revenues are expected to grow to $4 billion next fiscal (2007-08)'', Chief Operating Officer, President and Joint Managing Director S Gopalakrishnan said.

"Our continuous investments in brand, infrastructure, technology, people, intellectual capital and service offerings have positioned us well to take full advantage of the continued globalisation of services,'' he said.