Slide 1: Performance of Infosys Group for the Quarter Ended September 30, 2006
Infosys | 25* Sys group for the eptember 30, 2006 Performance of Ir Nandan M. Nilekani Chief Executive Officer and Managing Director S. Gopalakrishnan resident, Chief Operating Officer and Joint Managing Director © Infosys Technologies Limited 2006-07
Slide 2: Safe Harbour
<a Safe Harbour Infosys" er Certain statements in this release concerning our future growth prospects are forward-looking statements, within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the US. Securities Exchange Act of 1934, as amended, which involv
Slide 3: Agenda
» Financial Performance > Operational Performance » Client Acquisition & Expansion of Services » Human Resources » Capex and Infrastructure » Outlook for the future > Summary
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Slide 5: Q2 FY07 key growth metrics
Q2FY07 QIFYO7 ~HIFYO7 Indian GAAP Y-O-Y Growth Income 50.4% 45.6% 48.1% PAT from ord. Activities 52.0% 50.8% 51.5% US GAAP Y-0-Y Growth Revenues 42.4% 38.7% 40.6% Net income 44.2% 42.6% 43.5% New clients 45 38 83 Repeat business 95.2% 97.0% 96.4% Headcount Gross addition 10,795 8,097 18,892 Net addi
Slide 6: Highlights (Indian GAAP) - Quarter
<——_all “Highlights (Indian GAAP). - Pw | Infosys | 2 (Rs. crore) FY2007 FY2007 — FY2006 %growth over a2 at a2 ato7 Q206 Income 3,451 3,015 2,204 145 50.4 ‘Shw development expenses 1,833 1,666 1,212 10.0 512 Gross profit 1,618 1,349 1,082 19.9 49.5 S,G8A expenses 509 460 348 107 463 Operating profit
Slide 7: Highlights (Indian GAAP) - Half year
<a “Highlights (Indian GAAP) «< Infos ah F (Rs. crore) FY 2007 % FY 2006 % growth H1 H4 Income 6,466 © 100.0 4366 1000 48.4 Siw development expenses 3,499 544 2,316 53.0 514 Gross profit 2,987 45.9 2,050 470 447 S,GBA expenses 969 15.0 652 149 486 Operating profit 1,998, 30.9 1,398 32.0 429 Deprecia
Slide 8: Balance Sheet (Rs. crore)
(Rs. crore) Sep 30, 2006 % March 31, 2006 % LIABILITIES ‘Shareholders’ funds 8599 100 6966 99 Minority interest 10 o 68 1 Total liabilities 8609 100 7,034 100 ASSETS Fixed assets 2.932 34 2,228 32 Investments - - 2 - Deferred tax assets 79 1 65 1 Current assets Cash & equivalents* 4327 50 4709 66 Ac
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Slide 10: Revenue by geography
(%) Q2 2007 Q1 2007 Q2 2006 North America 63.7 64.0 65.4 Europe 25.8 26.2 23.7 India 1.6 14 1.5 Rest of the world 89 8.4 9.4 Total 100.0 100.0 100.0
Slide 11: Utilization Rates
Utilization Rates >) Infosys" Fe WA | Fr 100.0% 7 76.1% 77.5% TA% — G7 5% 0.0% Including training Excluding training {mat 2007 T1A% 76.1% [mq2.2007 67.5% 77.5% © Q1 2007 mQ2 2007 © Infosys Technologies ited 2006.07 é -~ Slide 11
Slide 12: Revenue by contract type: Time & Materials
(%) Q2 2006 28.7 71.3 100.0 Time & Materials
Slide 13: Onsite and offshore revenue mix
(%) Q2 2007 Q1 2007 Q2 2006 Onsite 50.3 50.5 48.8 Offshore 49.7 49.5 51.2 Total 100.0 100.0 100.0
Slide 14: Client contribution to revenues and client counts
Q2 2007 Q1 2007 Q2 2006 Client contribution to revenues(%) Top Client 66 58 44 Top 5 clients 21.0 195 178 Top 10 clients 32.9 317 30.6 No. of clients* Million dollar 232 221 191 5 million+ 97 94 76 410 million+ 1 56 48 20 million+ 29 28 23 30 million+ 20 19 16 40 million+ 16 15 " 50 million+ 12 " 6
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Slide 16: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services _Infogs X Client acquisitions during the quarter were 45 v As the business world is ‘flattened’ by a confluence of disruptive trends, Infosys helped companies across industries to compete effectively. Faster innovation is a key shift that companies must mak
Slide 17: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services _Infogs X In Europe, Infosys is developing and upgrading a global SAP template for a leading Finnish sports equipment manufacturer. A global electronics giant based in the Netherlands engaged Infosys to rationalize its software infrastructure, particularly
Slide 18: Client Acquisition & Expansion of Services
Client Acquisition & Expansion of Services _Infogs > Infosys’ Independent Validation Services (IVS) are gaining traction with clients across industry verticals » Infosys is establishing a Testing Center of Excellence (TCoE) to streamline Quality Assurance (QA) for a North American brokerage firm and
Slide 19: Finacle universal banking solution wins
> Finacle®, Infosys’ universal banking solution, registered key wins in the Middle East, Africa and South Asia > Finacle® was rolled out at DBS Bank’s Indian operations, HPB, Croatia and Dunbar Bank, a part of Zurich Financial Services, UK » Two Indian banks - UCO Bank and Bank of Baroda — also went
Slide 20: Resources
Infosys |2* SS Resources © Infosys Technologies Limited 2006-07
Slide 21: Total employee strength
Q2 2007 Q1 2007 Total employee strength 66,150 58,409 Software professionals 61,966 54,606 Gross addition 10,795 8,097 Laterals 2,560 2,140 Net addition 7,741 5,694
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Slide 23: Capital expenditure and space
» Capital expenditure of Rs. 330 crore was incurred during the quarter » As on September 30, 2007, the company had 1,11,99,859* sq. ft of space capable of accommodating 57,056 professionals and 7,023,471 sq. ft under completion capable of accommodating 13,400 professionals * Excluding subsidiaries
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Slide 25: Indian GAAP Consolidated outlook
Indian GAAP — Consolidated : Infosys" Fr Quarter ending December 31, 2006* > Income is expected to be between Rs. 3,602 crore and Rs.3,625 crore; YOY growth of 42.3% to 43.2% > Earnings per share** is expected to be Rs. 16.84; YOY growth of 42.2% Fiscal year ending March 31, 2007* » Income is expect
Slide 26: Summary
Infosys |2* SS © Infosys Technologies Limited 2006-07
Slide 27: Summary
“Sunwig : Infosys" » Our business model provides a compelling value proposition to clients in a flat world Fr » The pricing environment continues to be stable with an upward bias > Our continued focus on offering multiple services and our end-to-end capability in delivering solutions is giving us a
Slide 28: Thank You
Infosys |2* — hank You © Infosys Technologies Limited 2006-07