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Infosys has seen "ramp down" in various accounts: CEO
April 13, 2012 / 5:08 AM / 5 years ago

Infosys has seen "ramp down" in various accounts: CEO

A man pushing a tricycle cart walks in front of a pyramid-shaped building made out of glass in the Infosys campus at Electronics City in Bangalore, February 28, 2012. REUTERS/Vivek Prakash/Files

BANGALORE (Reuters) - Infosys Ltd (INFY.NS), India’s second-largest software services exporter, has seen “ramp down” in orders from various accounts and especially in the financial services sector, Chief Executive S.D. Shibulal told television channels on Friday.

Infosys reported a 27.4 percent rise in quarterly profit earlier on Friday, but forecast lower-than-expected revenue growth for the current fiscal year due to an uncertain global economy and currency volatility.

Reporting by Harichandan Arakali; Editing by Rajesh Pandathil

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