Investors of the India's leading outsourcer, Infosys have said that the Bangalore based company now requires new younger leaders at the top level management.
Analysts have said that the company might also review its policy to stay away from acquisitions and alter its premium pricing strategy. The company should also aim at higher-end businesses like consulting in order to compete better with global rivals like IBM and Accenture.
Analysts believe that the company has reached the top position but is finding it difficult to maintain its position as a leader due to increased competition and other factors. Previous month, the company said that it missed the annual sales guidance and gave a disappointing guidance for the current financial year.
Infosys set a lower than expected guidance for the current fiscal and reported disappointing fourth quarter results. The company said that it has seen an unexpected fall in revenue and net profit in the quarter.
The company's revenue in the quarter fell 4.8 per cent to Rs 8,852 crore and net profit fell 2.4 per cent to Rs 2,316 crore. The company had originally aimed for 20 per cent growth in 2011/12 but was forced to revive it downward to 16 per cent during the year due to various reasons.
Infosys guided to full year revenues in the range of $7,029 million and $7,033 million during the December quarter. The company is likely to target a growth rate of between 11 and 13 per cent in 2012-13 as predicted by industry body Nasscom.
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