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Infosys Limited
Regd. Office : Electronics City, Hosur Road Bangalore 560 100, India Tel. : 91 80 2852 0261 Fax : 91 80 2852 0362
S. D. Shibulal
Chief Executive Officer and Managing Director
Quarter ended June 30, 2013 11,267 7,319 3,948 584 700 1,284 2,664 577 3,241 867 2,374 41.54 41.54
Sequential growth(%) 15.1% 14.6% 16.0% 29.6% 41.0% 35.8% 6.5% (11.6%) 3.3% 8.4% 1.4% 1.4% 1.4%
Revenues Cost of sales Gross profit Operating expenses: Selling and marketing expenses Administrative expenses (1) Total operating expenses Operating profit Other income, net Profit before income taxes Income tax expense Net profit Earnings per equity share (2) Basic (`) Diluted (`)
(1) (2)
Administrative expenses for the three months ended September 30, 2013 include a provision of `219 crore towards visa related matters. EPS for the three months ended September 30, 2013 is `45.96 per share excluding the provision of `219 crore for visa related matters. EPS for the three months September 30, 2013 is `42.12 per share including the provision of `219 crore for visa related matters. The difference is `3.84 per share.
in ` crore
Cash and cash equivalents (1) Available-for-sale financial assets Trade receivables Investment in certificates of deposit Property, plant and equipment Other assets Total assets Total liabilities Total equity Total liabilities and equity
(1)
March 31, 2013 21,832 2,133 7,083 6,468 8,835 46,351 6,554 39,797 46,351
September 30, 2013 64.7% 35.3% 13.5% 21.8% 28.1% 68 51.2% 32.6% 53.9%
Quarter ended September 30, 2012 61.9% 38.1% 11.8% 26.3% 28.3% 65 54.2% 39.9% 64.8%
June 30, 2013 65.0% 35.0% 11.4% 23.6% 26.8% 71 49.9% 34.6% 54.3%
Investments in available-for-sale financial assets and Certificates of deposit have been considered as cash and cash equivalents for the above ratio analysis. LTM: Last Twelve Months
Quarter ended Sequential growth June 30, 2013 (%) $1,991 1,296 695 103 124 227 468 103 571 153 $418 0.73 0.73 3.8% 3.2% 4.9% 16.5% 27.4% 22.5% (3.6%) (21.4%) (6.8%) (2.6%) (8.4%) (8.2%) (8.2%)
Revenues Cost of sales Gross profit Operating expenses: Selling and marketing expenses Administrative expenses (1) Total operating expenses Operating profit Other income, net Profit before income taxes Income tax expense Net profit Earnings per equity share (2) Basic ($) Diluted ($)
(1) (2)
Administrative expenses for the three months ended September 30, 2013 include a provision of $35 million towards visa related matters. EPS for the three months ended September 30, 2013 is $0.73 per share excluding the provision of $35 million for visa related matters. EPS for the three months September 30, 2013 is $0.67 per share including the provision of $35 million for visa related matters. The difference is $0.06 per share.
in US $ million
Cash and cash equivalents (1) Available-for-sale financial assets Investment in certificates of deposit Trade receivables Property, plant and equipment Other assets Total assets Total liabilities Total equity Total liabilities and equity
(1)
March 31, 2013 $4,021 392 1,305 1,191 1,630 $8,539 1,208 7,331 $8,539
Additional Information
The following information for the three months ended September 30, 2013 is available in the Investors section of our website, www.infosys.com: 1. Audited Balance Sheet, Statement of Profit and Loss, Cash Flow statement, Significant accounting policies and Notes on accounts for the three months ended September 30, 2013 and the related auditors report: Indian GAAP standalone. 2. Audited IFRS Consolidated Interim Financial Statements (INR). 3. Unaudited condensed consolidated interim financial statements in USD prepared in compliance with International Financial Reporting Standards(IFRS). Infosys is concerned about the environment and utilizes natural resources in a sustainable way. In order to intensify our paper conservation drive, from the quarter ended June 30, 2010 onwards, we have hosted the quarterly report on the Companys website so that it is easily accessible to the investors anytime. We request you to kindly update your email addresses with your depositary participant. A physical copy of the report will be sent only on request. You can send the request to investors@infosys.com. Your cooperation will help conserve paper and minimize our impact on the environment. This Report is furnished to investors for informational purposes only. Investors should continue to rely on the official filed versions of financial statements and related information and not rely on this Report while making investment decisions. Investors in our securities registered and traded in the U.S. should rely on official filings with the U.S. Securities and Exchange Commission (SEC).
Safe Harbor
Statements in connection with this release may include forward-looking statements within the meaning of U.S. Securities laws intended to qualify for the safeharbor under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2013, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forwardlooking statements but do not undertake, and disclaim any obligation, to update them, unless required by law.