Infosys revenues shoot up by 46 %, PAT up by 56.6 % in fiscal 2007
Bangalore, Apr 13 (UNI) IT giant Infosys Technologies limited today reported a 45.9 per cent increase its revenue at Rs.13,893 crore for the fiscal 2007 with net profit soaring by 56.6 per cent at Rs 3,850 crore.
Aiming a four billion dollar business for the current fiscal, Company CEO and Managing Director Nandan M Nilekani announcing the results told newsmen ''the global IT services industry continues to show strong growth with exciting opportunities and Infosys is well positioned to take advantage of this''.
Infosys projected an ambitious outlook for the current fiscal with the income expectd to grow by 22.6 per cent to touch around Rs 17308 crore.
Announcing certain changes at the top, effective from June 22, the Company said Mr Nilekani has been made the Co-Chairman of the Board while Mr S Gopalakrishnan assumes the role of Chief Executive Officer and Managing Director. Mr S D Shibulal would be the new Chief Operating Officer.
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