Press Releases / Q4 FY12 Results Release
May 15, 2012

Media Release

Infinite FY12 Revenue at Rs. 1,055.8 crore 
Revenue growth of 19.5% YoY; PAT Growth of 12.6% YoY 
Total Dividend of Rs 8.5 per share 
Guidance of 31% revenue growth and 21% PAT growth for FY 13

Bangalore, May 15, 2012: Infinite Computer Solutions (India) Limited (BSE: 533154, NSE: INFINITE), a global provider of Application Management, Infrastructure Management, Product Engineering and Mobility & Messaging products and solutions today announced its results for fourth quarter and full year results for the Fiscal 2011-12, as approved by its Board of Directors.

Consolidated results for the year ended March 31, 2012

*Average Forex Rate: INR 48.00 = 1 USD

FY12 Highlights for the full year ended March 31, 2012

Revenue of INR 1055.8 crore (USD 220.7 million)

Operating profit was INR 183.5 crore (USD 38.3 million)

Net profit after tax was INR 120.7 crore (USD 25.2 million)

Earnings per Share was INR 28.2 for the full year as against the guidance of INR 27.0; growth of 15% Y-o-Y

Outlook for FY 2013 

 

Others 

Commenting on the results, Upinder Zutshi, MD & CEO Infinite, said, “We have had an extremely satisfying year where we beat the guidance on revenue and profitability terms. It is all the more creditable as the same came against the backdrop of three major setbacks, one of which was planned while the other two were unplanned. While there are still areas of concerns, we are confident that resilience shown by the Company this year demonstrates the ability to quickly scale up marquee clients and I am confident that the same will continue in the future.”

He also added “Our guidance for the next year factors the pipeline of opportunities that we have on the table and we are guiding for a 31% growth in revenue in INR terms and an EPS growth of 21%. The Company has also finalized a stated divided policy of giving away 30% of the net profit as dividends. The operating cash flow and the net cash position of the Company have shown substantial improvements despite delays from a government project impacting cash flows.”

The Company will be holding an Analyst Day event in Mumbai on the 16th May, 2012 to discuss the business outlook and key business leaders will highlight the vision and growth opportunities in their respective areas.

About Infinite

Infinite Computer Solutions (India) Limited is a global service provider of Application Management, Infrastructure Management, Product Engineering and Mobility & Messaging products and solutions focused on the Telecom, Healthcare, Media & Content, Energy & Utilities and BFSI industries. Infinite’s onsite, offsite and near-shore capabilities has established its presence in most of the large telecom, and IT services markets of the world, with offices at multiple locations in the U.S, U.K, India, Singapore, Malaysia and China. The Company has also been growing its delivery centers in India at Bengaluru, Chennai, Hyderabad and Gurgaon. www.infinite.com

For further information, please contact:

Sanjeev Gulati, Infinite
Email : sanjeevg@infinite.com

Diwakar Pingle, Christensen (+91 22 4215 0210)
Email:DPingle@christensenir.com

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