Infosys ADR Representing One INFY

Technology Information Technology Services

Infosys Limited is an India-based company, which provides consulting, technology, outsourcing and digital services. Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences and All other segments. All other segments represent the operating segments of businesses in India, Japan, China, Infosys Public Services and other enterprises in public services. Its core services primarily include application management services, proprietary application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support and integration services. Its products and platforms include Finacle, Edge Suite of products, Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, Stater digital platform, Infosys McCamish and others. It also owns Danske Bank’s IT center in India.

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Infosys ADR Representing One

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Post by bc4uon Jan 11, 2013 7:33am

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Infosys (NYSE: INFY) Announces Results for the Qua

Infosys (NYSE: INFY) Announces Results for the Quarter ended December 31, 2012

Q3 Revenues grow by 6.3% quarter on quarter

Bangalore, India – January 11, 2013
Financial Highlights
Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended
December 31, 2012
? Revenues were $1,911 million for the quarter ended December 31, 2012;
QoQ growth was 6.3%
YoY growth was 5.8%
? Revenues excluding Lodestone were $1,872 million;
QoQ growth was 4.2%
YoY growth was 3.7%
? Net income after tax was $434 million for the quarter ended December 31, 2012 against $431 million
for the quarter ended September 30, 2012
? Earnings per American Depositary Share (EPADS) was $0.76 for the quarter ended December 31,
2012 against $0.75 for the quarter ended September 30, 2012
? Liquid assets including cash and cash equivalents, current available-for-sale financial assets,
investment in certificates of deposits and government bonds were $4.1 billion versus $4.3 billion as on
September 30, 2012
Other highlights:
? The company won 8 large outsourcing deals amounting to US$ 731 million of total contract value
? 14 new wins for Infosys’ products and platforms
? Infosys and its subsidiaries added 53 clients during the quarter
? Gross addition of 7,499 employees (net addition of 977) for the quarter by Infosys and its subsidiaries.
? 155,629 employees as on December 31, 2012 for Infosys and its subsidiaries
? Completed the acquisition of Lodestone Holding AG, a leading management consultancy based in
Switzerland
? Infosys American Depositary Shares (ADS) have started trading on the New York Stock Exchange
(NYSE) under the ticker symbol ‘INFY’. The company is in the process of listing its ADS on the Paris
and London exchanges of NYSE Euronext.
“We have done well in this quarter despite an uncertain environment,” said S. D. Shibulal, CEO and
Managing Director. “We continue to gain confidence from a strong pipeline of large deals. However,
the broader economic environment remains difficult. Even so, we remain cautiously optimistic about
the January-March quarter”, he added.
“We were able to maintain our margins through efficiency improvements despite increased operating
expenses. We remain focused on making the right investments for profitable and sustainable growth
in the longer term", said Rajiv Bansal, Chief Financial Officer.

Outlook*
The company’s outlook (consolidated) for the fiscal year ending March 31, 2013, under IFRS is as follows:
? Revenues** are expected to be at least $7,450 million;
? Earnings per American Depositary Share (EPADS) is expected to be at least $2.97;
* Exchange rates considered for major global currencies: AUD / USD – 1.04; GBP / USD – 1.62; Euro / USD – 1.32 for
rest of fiscal 2013
** Includes $104 million from Lodestone
Business Highlights
? The company won 8 large outsourcing deals amounting to US$ 731 Mn of total contract value
? Our offerings in the Products and Platforms space continue to see good momentum. This quarter we
had 14 wins across industries and geographies. Infosys products and platforms (excluding Finacle™)
are now adopted by more than 70 global clients.
? A Blue Cross Blue Shield Plan selected us as a strategic partner to provide enterprise-wide testing
services and establish a Test CoE within its IT organization, aimed at creating testing processes and
frameworks to support the company’s ongoing transformation due to US healthcare reform. Another
Blue Cross Blue Shield Plan is leveraging Infosys iTransform™ product and services to help its ICD-
10 migration, mandated by the U.S. federal government.
? Our focus on Cloud as a new growth area continues to yield results and the Cloud business currently
has more than 190 engagements and 3,500 experts. Over the last quarter, we won more than 15
engagements across Cloud services, Big Data and Security. Our vision of being a Cloud Ecosystem
Integrator has gained increasing acceptance with clients and we are working with more than 30
partners to help clients create and manage their unified hybrid cloud environments.
? During the third quarter, Infosys applied for seven patent applications in India and the U.S. With this, it
has 525 patent applications in India, the U.S. and other jurisdictions, and has been granted 71 patents
by the United States Patent and Trademark Office and two patents by the Luxembourg patent office.
investment in certificates of deposits and government bonds were $4.1 billion versus $4.3 billion as on
September 30, 2012
Other highlights:
? The company won 8 large outsourcing deals amounting to US$ 731 million of total contract value
? 14 new wins for Infosys’ products and platforms
? Infosys and its subsidiaries added 53 clients during the quarter
? Gross addition of 7,499 employees (net addition of 977) for the quarter by Infosys and its subsidiaries.
? 155,629 employees as on December 31, 2012 for Infosys and its subsidiaries
? Completed the acquisition of Lodestone Holding AG, a leading management consultancy based in
Switzerland
? Infosys American Depositary Shares (ADS) have started trading on the New York Stock Exchange
(NYSE) under the ticker symbol ‘INFY’. The company is in the process of listing its ADS on the Paris
and London exchanges of NYSE Euronext.
“We have done well in this quarter despite an uncertain environment,” said S. D. Shibulal, CEO and
Managing Director. “We continue to gain confidence from a strong pipeline of large deals. However,
the broader economic environment remains difficult. Even so, we remain cautiously optimistic about
the January-March quarter”, he added.
“We were able to maintain our margins through efficiency improvements despite increased operating
expenses. We remain focused on making the right investments for profitable and sustainable growth
in the longer term", said Rajiv Bansal, Chief Financial Officer.