Consolidated results for the quarter ended September 30, 2008.

-Income was Rs. 5,418 crore for the quarter ended September 30, 2008; YoY growth was 32%

 -Net profit after tax was Rs. 1,432 crore for the quarter ended September 30, 2008; YoY growth was 30.2%

 -Earnings per share increased to Rs. 25.02 from Rs. 19.26 in the corresponding quarter in the previous year, YoY growth was 30%

 -Interim dividend of Rs. 10 per share compared to Rs. 6 for the corresponding period in the previous year.

Others

 -40 new clients were added during the quarter by Infosys and its subsidiaries

 -Gross addition of 10,117 employees for the quarter by Infosys and its subsidiaries

 -1,00,306 employees as on September 30, 2008 for Infosys and its subsidiaries


Business outlook

The company’s outlook for the quarter ending December 31, 2008 and for the fiscal year ending March 31, 2009, under Indian GAAP and International Financial Reporting Standards, is as follows:

Outlook under Indian GAAP – consolidated

Quarter ending December 31, 2008

-Income is expected to be in the range of Rs. 5,519 crore and Rs. 5,730 crore; YoY growth of 29.2% – 34.2%

-Earnings per share is expected to be Rs. 26.63; YoY growth of 23.6%

Fiscal year ending March 31, 2009

-Income is expected to be in the range of Rs. 21,309 crore and Rs. 21,731 crore; YoY growth of 27.7% – 30.2%

-Earnings per share is expected to be Rs. 101.06, YoY growth of 24%

*Conversion 1 US$ = Rs. 46.97

** Including tax reversal of Rs. 50 crore for the quarter ended December 31, 2007. Excluding the tax reversal the YOY growth is expected to be 28.9%.

*** Including tax reversal of Rs. 31 crore in fiscal 2009 and Rs.121 crore in fiscal 2008 respectively. Excluding the tax reversal the earnings per share is expected to be Rs.100.51 for the year ending March 31, 2009, YoY growth of 26.6%.

Jaya Sinha/ITvoir Nework