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Technology / AI and automation

INFOSYS INDIAN EARNINGS EXPECTED TO BE UP 65%

Analysts expect the net profit of Infosys Technologies Ltd., one of India’s leading software firms, to climb by 65% in 1997/98 (April-March). Analysts see Infosys announcing a net profit of $14.8m in 1997/98, up from $9.2m in 1996/97. The firm’s sales are expected to climb to $58.9m in 1997/98 from $36.9m in the previous year. The firm is set to announce its results for 1997/98 (April-March) on April 10. Analysts expect a strong performance by Infosys based on its rising exports of software.

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CBR Staff Writer

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