Bangalore: Enthused by continued good performance, software major Infosys Technologies Limited on January 10 revised upwards by Rs 125 crore to Rs 145 crore its guidance for revenue for the current fiscal.

This is the second time in 2002-03 that the NASDAQ-listed, Bangalore-headquartered company has increased its guidance.

"Income from software development services and products is projected to be between Rs 3,578 crore and Rs 3,592 crore," the company's CEO, President and Managing Director Nandan M Nilekani told a news conference.

On October 10, Infosys had projected the figure to be between Rs 3,433 crore and Rs 3,467 crore, and in the beginning of the financial year came out the numbers of between Rs 3,085 crore and Rs 3,170 crore.

Similarly, the company also increased guidance for earning per share (EPS) for the year.

EPS for 2002-03 is expected to be Rs 144.70 and Rs 145, it said today. In April, it came out with guidance of between Rs 141 and Rs 145 and again revised it to Rs 142 to Rs 145 in October.

Nilekani said it is the third consecutive quarter (October-December 2002) that the company had sequentially recorded double-digit volume growth.

"Infosys continues to enjoy the confidence of large marque clients", he said. "Global corporations are seeking robust, financially strong, world-class partners such as Infosys to outsource their IT requirements."

PTI