Indo Asian News Service
Bangalore, July 13: Infosys Technologies Ltd revised its consolidated revenue guidance for this fiscal upwards to Rs26,663 crore (Rs267 billion), projecting 17.3 per cent year-on-year (YoY) growth, as per the Indian accounting standard.
The guidance has been revised from Rs25,017 crore or 10 per cent YoY projected at the beginning of this fiscal in April.
In a regulatory filing on Tuesday, the IT bellwether said its income for the second quarter (July-September) of this fiscal would be Rs6,595 crore (Rs65.95 billion), projecting 18 per cent YoY growth over same quarter of last fiscal.
Under the International Financial Regulatory System (IFRS), gross revenue for this fiscal is expected to be $5.8 billion, an increase of 20 per cent YoY.
For the second quarter (Q2), revenue is projected to be $1.4 billion, a growth of 23 per cent over the same quarter of last fiscal.