Infosys to become $4 bn company this fiscal

The NASDAQ-listed software major says its revenues were expected to be in the range of Rs 17,038- 17,308 cr.

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

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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 bn 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.