Despite Of Larger Deals Infosys Grow On A Slower Pace


BANGALORE:  One of the leaders in IT-Sector Infosys growth seems to be at a slower pace for the financial year 2015 when compared to other industries reports Malini Bhupta from Business Insider. According to Nasscom the software exports were expected to grow nearly 13 percent to 15 percent in India for FY15. But India’s second largest exporter Infosys has given a guidance of revenue growth which ranges from 7 percent to 9 percent in FY15.

It seems that even the return of the co-founder Narayan Murthy as executive chairman, has not affected the revenue growth of the company much. Apart from a few minor changes like removal of volatility in earnings, no major changes have taken place to affect the revenue growth. The company’s revenue growth is expected to be 5.6 to 7.6 percent when calculated on the basis of rupee terms.

Yes! Indeed Infosys have closed four large deals of contract value worth $700 million and also few are in the pipeline. But due to the extended decision cycles, the company is not growing on a faster pace said D Shibulal, the CEO of the company.  Again according to Nasscom this is a variable behavior.

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