YOU AIN'T SEEN NOTHIN' YET: Clearly, Infosys is on a roll.
In its guidance for the forthcoming fiscal, Infosys has forecast that revenues would rise 30-31 per cent and earnings by around 27 per cent.
The aggressive forecast, say analysts, is a sign that the company is not deterred by the recent protests against outsourcing that have swept the United States and that its growth cannot be rolled back by market disruptions.
Infosys expects growth in the future to come from not just scaling the existing business, but also nurturing the business process outsourcing subsidiary of the company, Progeon, apart from the newly set up US arm, Infosys Consulting.
"Infosys is becoming a monolith, a juggernaut. There's nothing that can possibly go wrong for it in the future. Last fiscal year was the toughest to get through and if they got through that so well, they can get through anything. There is no void or flaws in their revenue model for anyone to pick into," says R Ravi, an analyst with IDBI Capital.