Infosys, a global provider of outsourcing services, released their second quarter financials for the period ending September 30, delivering positive implications for the outsourcing market in the process.

In terms of net income, the company reported 7 percent quarter-to-quarter growth and 9.9 percent year-to-year growth. Also Infosys and its subsidiaries cited a net addition of 8,262 employees and 45 clients. Growth is expected to continue through the next two quarters as well, according to the report, citing projections of fourth quarter revenues of at least $1.8 million and revenue of at least $7 billion for the fiscal year ending March 31, 2012.

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