Infosys (NYSE: INFY) Announces Results for the Quarter and Year ended March 31, 2013 (y 3)

        
                                         Three       Three
                                        months      months  Year ended  Year ended
                                   ended March ended March    March 31,   March 31,
                                      31, 2013    31, 2012        2013        2012
        Revenues                        $1,938      $1,771      $7,398      $6,994
        Cost of sales                    1,261       1,041       4,637       4,118
        Gross profit                       677         730       2,761       2,876
        Operating expenses:
        Selling and marketing
        expenses                            96          91         373         366
        Administrative expenses            124         111         479         497
        Total operating expenses           220         202         852         863
        Operating profit                   457         528       1,909       2,013
        Other income                       125         131         433         397
        Profit before income taxes         582         659       2,342       2,410
        Income tax expense                 138         196         617         694
        Net profit                        $444        $463      $1,725      $1,716
        Other comprehensive income
        Fair value changes on
        available-for-sale
        financial asset, net of
        tax effect                           1           -           1         (2)
        Exchange differences on
        translating foreign
        operations                          74         244       (404)       (760)
        Total other comprehensive
        income                             $75        $244      $(403)      $(762)
        Total comprehensive income        $519        $707      $1,322        $954
        Profit attributable to:
        Owners of the company             $444        $463      $1,725      $1,716
        Non-controlling interests            -           -           -           -
                                          $444        $463      $1,725      $1,716
        Total comprehensive income
        attributable to:
        Owners of the company             $519        $707      $1,322        $954
        Non-controlling interests            -           -           -           -
                                          $519        $707      $1,322        $954
        Earnings per equity share
        Basic ($)                         0.78        0.81        3.02        3.00
        Diluted ($)                       0.78        0.81        3.02        3.00
        Weighted average equity
        shares used in computing
        earnings per equity share
        Basic                      571,402,566 571,392,171 571,399,238 571,365,494
        Diluted                    571,402,566 571,399,573 571,400,091 571,396,142

NOTE:

1. The unaudited Condensed Consolidated Balance sheets and Condensed Consolidated Statements of Comprehensive Income for the three months and year ended March 31, 2013 has been taken on record at the Board meeting held on April 12, 2013

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/mnr/prne/operations/Fact-sheet...

INR Press Release: http://multivu.prnewswire.com/mnr/prne/operations/INR-press-...

    Photo:
    http://photos.prnewswire.com/prnh/201301...

CONTACT: Investor Relations: Avishek Lath, India, +91 (80) 4116 7744,avishek_lath@infosys.com ; Sandeep Mahindroo, US, +1 (646) 254 3133,sandeep_mahindroo@infosys.com ; Media Relations: Sarah Vanita Gideon,India, +91 (80) 4156 5007, Sarah_Gideon@infosys.com ; Danielle D'Angelo,USA , +1 (510) 859 5783, Danielle_Dangelo@infosys.com