Infosys Ltd. Reports Audited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 11, 2013 at 12:10 am EST
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Infosys Ltd. reported audited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported income from software services and products of INR 93,980 million compared to INR 86,960 million, profit from operations before other income of INR 25,690 million compared to INR 27,240 million, profit before tax and exceptional item of INR 30,500 million compared to INR 31,460 million, net profit before exceptional item of INR 22,650 million or INR 39.46 per diluted and basic share compared to INR 22,350 million or INR 38.92 per diluted and basic share and net profit after exceptional item of INR 22,650 million or INR 39.46 per diluted and basic share compared to INR 22,350 million or INR 38.92 per diluted and basic share for the last year.
For the nine months, the company reported income from software services and products of INR 274,360 million compared to INR 230,710 million, profit from operations before other income of INR 76,840 million compared to INR 67,650 million, profit before tax and exceptional item of INR 92,520 million compared to INR 79,850 million, net profit before exceptional item of INR 67,420 million or INR 117.41 per diluted and basic share compared to INR 57,110 million or INR 99.45 per diluted share and net profit after exceptional item of INR 68,110 million or INR 118.62 per diluted and basic share compared to INR 57,110 million or INR 99.45 per diluted share for the last year.
Infosys Limited is an information services company, their end-to-end business solutions include:
- consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies;
- business IT services comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management;
- products, business platforms and solutions to accelerate intellectual property led innovation, including Finacle TM, our banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide;
- newer areas such as cloud computing, enterprise mobility and sustainability.
Net sales break down by market between finance (29.8%), retail and logistics (14.5), telecommunications services (12.3%), manufacturing industry (12.9%), energy and utilities (12.6%), technology (8.1%), life sciences, health care and insurance (6.9%) and other (2.9%).
Net sales are distributed geographically as follows: India (2.6%), North America (61.8%), Europe (25.6%) and other (10%).