Following the release, Infosys’ CEO and Managing Director, Mr. S. Gopalakrishnan, the COO, Mr. S.D. Shibulal, and the CFO, Mr. V. Balakrishnan, and other members of the senior management will comment on the company’s performance.

There will be a common television address by Mr. S. Gopalakrishnan and Mr. V. Balakrishnan at 10:00 a.m. IST on business television channels, this will be followed by a detailed discussion on CNBC-TV 18 as part of its ‘Boardroom’ series from Bangalore at 10:15 a.m. IST on April 15, 2011 (this will not be telecast in the US). An archive of this event will be uploaded on www.infosys.com after 2:00 p.m. IST on April 15, 2011 (after 4:30 a.m. US ET on April 15, 2011).

Financial results to mobile phone users in India

Highlights of the results will be made available to mobile phone users in India through SMS. To access the highlights on SMS, type “R Infosys” (“R” space “Infosys”) or “Results Infosys” (“Results” space “Infosys”) and send it to 51818 (which is CNBC on your handset). Results on SMS will be available after 10:00 a.m. on Friday, April 15, 2011.

Here are the other highlights:

• Earnings per share decreased to Rs. 27.75 from Rs. 28.66 in the corresponding quarter of the previous year; QoQ growth was 3.3%; YoY decline was 3.2%
• 32 clients were added during the quarter by Infosys and its subsidiaries
• Gross addition of 8,719 employees (net addition of 4,429) for the quarter by Infosys and its subsidiaries
• 1,09,882 employees as on December 31, 2009 for Infosys and its subsidiaries
Business outlook
The company’s outlook (consolidated) for the quarter ending March 31, 2010 and for the fiscal year ending March 31, 2010, under Indian GAAP and International Financial Reporting Standards (IFRS) is as follows:
Outlook under Indian GAAP – consolidated*
Quarter ending March 31, 2010
• Income is expected to be in the range of Rs. 5,675 crore and Rs. 5,721 crore; YoY growth of 0.7% to 1.5%
• Earnings per share@ is expected to be in the range of Rs. 25.62 and Rs.25.83; YoY decline of 9.0% to 8.3%
Fiscal year ending March 31, 2010
• Income is expected to be in the range of Rs. 22,473 crore and Rs. 22,519 crore; YoY growth of 3.6% to 3.8%
• Earnings per share@@ is expected to be in the range of Rs. 106.85 and Rs. 107.06; YoY growth of 2.2% to 2.4%