Indian outsourcing giant Infosys has posted full year sales growth greater than analyst expectations following a series of outsourcing contract successes.

The second-largest software services firm in India reported that net profit rose by an unexpected 25 per cent to $496 million in the January to March quarter, above analyst expectations, with the company signing 50 new clients during the quarter.

The profit announcement saw a four per cent increase in share price with Infosys now forecasting a nine per cent revenue increase for the financial year.

The increase in profits comes despite a slowdown in the Indian outsourcing market and a recent fraud investigation in the U.S.

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