Infosys retains yr to March 2002 30 pct net profit/sales growth
HONG KONG (AFX-ASIA) - Infosys Technologies Ltd said it is still sticking to its 30 pct forecast growth in sales and net profit for the year to March 2002 despite the better-than-expected U.S. first quarter GDP data. Chairman and chief executive officer N.R. Narayana Murthy said he is happy the U.S. recorded growth in the first quarter but it is too early to say if Infosys will revise upwards its growth forecast. "I am happy that there has been growth but it is too early to say anything. "We have not seen any material changes at this point of time. We have not seen any data to revise that (the forecasts)," Murthy said. However, he said Infosys will be looking at its growth forecast when it announces its first quarter results in July
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