Unaudited Condensed Consolidated Statements of Comprehensive Income
(Dollars in millions except share and per equity share data)
Three Three
months months Year ended Year ended
ended March ended March March 31, March 31,
31, 2014 31, 2013 2014 2013
Revenues $2,092 $1,938 $8,249 $7,398
Cost of sales 1,318 1,261 5,292 4,637
Gross profit 774 677 2,957 2,761
Operating expenses:
Selling and marketing expenses 104 96 431 373
Administrative expenses 136 124 547 479
Total operating expenses 240 220 978 852
Operating profit 534 457 1,979 1,909
Other income, net 139 125 440 433
Profit before income taxes 673 582 2,419 2,342
Income tax expense 186 138 668 617
Net profit $487 $444 $1,751 $1,725
Other comprehensive income
Items that will not be reclassified
to profit or loss:
Re-measurement of the net defined
benefit liability/(asset) (10) - - -
Items that may be reclassified
subsequently to profit or loss:
Fair value changes on
available-for-sale financial asset (3) 1 (17) 1
Exchange differences on translation
of foreign operations 237 74 (607) (404)
Total other comprehensive income,
net of tax $224 $75 ($624) ($403)
Total comprehensive income $711 $519 $1,127 $1,322
Profit attributable to:
Owners of the company $487 $444 $1,751 $1,725
Non-controlling interests - - - -
$487 $444 $1,751 $1,725
Total comprehensive income
attributable to:
Owners of the company $711 $519 $1,127 $1,322
Non-controlling interests - - - -
$711 $519 $1,127 $1,322
Earnings per equity share
Basic ($) 0.85 0.78 3.06 3.02
Diluted ($) 0.85 0.78 3.06 3.02
Weighted average equity shares used
in computing earnings per equity
share
Basic 571,402,566 571,402,566 571,402,566 571,399,238
Diluted 571,402,566 571,402,566 571,402,566 571,400,091
NOTE:
1. The unaudited Condensed Consolidated Balance sheets and Condensed Consolidated Statements of Comprehensive Income for the three months and year ended March 31, 2014 have been taken on record at the Board meeting held on April 15, 2014
2. A Fact Sheet providing the operating metrics of the company can be downloaded from http://www.infosys.com
Fact Sheet: http://multivu.prnewswire.com/prnehost/PIV680713-Infosys-fac...
INR Press Release: http://multivu.prnewswire.com/prnehost/PIV680713-Infosys-IFR...
Contact
Investor Relations
Sandeep Mahindroo
+91-80-3980-1018
Sandeep_Mahindroo@infosys.com
Media Relations
Sarah Vanita Gideon, India
+91(80)4156-3373
Sarah_Gideon@Infosys.com
Tara Kozak-Lindsay, Golin Harris for Infosys
+1(212)373-6020
TKozakLindsay@GolinHarris.com
Photo:
http://photos.prnewswire.com/prnh/201301...
