The Web




   Next >  

A $1-BILLION GIANT: On April 13, Infosys Technologies Ltd, India's information technology services giant, touched $1 billion in annual revenues for the first time.

Which meant it was time to party. To celebrate the landmark achievement, Infosys had a huge bash on its campus.

It was an evening of fun and dance and a time to reiterate the feeling of being just the second Indian IT services company to do so (since then, Wipro too has joined the elite billion-dollar club).

Last year, the Mumbai-based Tata Consultancy Services announced that it had touched the billion-dollar mark in revenues.

Infosys's revenues of $1.06 billion came at a 31 per cent growth over the previous year, while profits rose to $285 million, an increase of 30 per cent.

"Today, we have the required size, brand, compelling value proposition and ambition to build the next generation software services and consulting company," declared Infosys COO S Gopalakrishnan proudly while announcing the results.

Photos: Infosys Technologies Ltd || Words: Priya Ganapati

   Next >  

Also see: The 9 Indian Billionaires

Tell us what you think of this slide show E-mail this page to a friend


Copyright © 2003 India Limited. All Rights Reserved.