Infosys may beat Q4 guidance, FY12 sales may grow 18-20%
Infosys Technologies is expected to beat its earlier revenue guidance for the fourth quarter (January-March), which is usually a weak quarter for most tech companies, and guide to an 18-20% revenue growth in dollar terms in 2011-12.
April 15, 2011 / 08:34 IST
By Nachiket Kelkar
Infosys Technologies is expected to beat its earlier revenue guidance for the fourth quarter (January-March), which is usually a weak quarter for most tech companies, and guide to an 18-20% revenue growth in dollar terms in 2011-12 (April-March).Analysts say higher discretionary spending and improved demand environment will lead to strong earnings growth for Infosys and other software services providers in 2011-12. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
