Bangalore, Oct 11 (IANS): Infosys Ltd has revised its revenue outlook for this fiscal (2013-14) marginally upwards largely owing to depreciating rupee against dollar.
In a regulatory filing to the stock exchanges Friday, the IT bellwether said its consolidated revenue for fiscal under review (FY 2014) will grow 21-22 percent year-on-year (YoY) under the Indian accounting standard and 9-10 percent (YoY) under the International Financial Reporting Standard (IFRS).
The revenue guidance has been revised upwards from 13-17 percent in rupee terms and 6-10 percent in dollar terms given July 11 when rupee was at Rs.59.39 against one US dollar.