The company said it was enjoying the strong growth created by continued global demand among developed economies for lower cost offshore technology services.
“Our revenues grew by around US$1 billion (A$1.2 billion) this year,” said Infosys chief executive and manging director Nandan Nilekani.
“The global IT services industry continues to show strong growth with exciting opportunities and Infosys is well positioned to take advantage of this,” he said.
The company reported revenues of US$863 million for the quarter to the end of March, up 45.5 per cent compared to the year-ago quarter.
Infosys’ per share earnings on its ADRs (American Depository Receipts) jumped 64 per cent to 46cents, while net income for the quarter climbed 70 per cent.
The company said its full-year revenues were up 44 per cent to US$3.1 billion.
Infosys expects revenues to increase by about 30 per cent in the 2008 financial year to just over US$4 billion.
The company increased employee numbers by nearly 3,000 during the quarter to the end of March, and now employs 72,200 staff world wide.
IN a planned succession move, Infosys said Mr Nilekani would resign as chief executive effective from July22 to become co-chairman. He will be replaced by the company’s current president and chief executive officer, S. Gopalakrishnan.
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