ALAMURI RATNAMALA INSTITUTE OF ENGINEERING & TECHNOLOGY

INFOSYS
NARAYAN KISHNAMURTI

PRESENTED BY SACHIN CHANDRAKANT MAHADIK MMS 2011-12

Type Public company Traded as BSE: 500209 NSE: INFY NASDAQ: INFY Industry IT services IT consulting Founder(s) N. R. Narayana Murthy Nandan Nilekani N. S. Raghavan S. Gopalakrishnan S. D. Shibulal K Dinesh Ashok Arora Headquarters Bengaluru, Karnataka, India Area served Worldwide Key people K. V. Kamath(Chairman) S. Gopalakrishnan(Co-Chairman) S.D. Shibulal(CEO & MD) Products FinacleFlypp mConnect Services Information technology consulting services, solutions and outsourcing. Revenue US$ 6.041 billion (2011) Operating income US$ 1.779 billion (2011) Profit US$ 1.499 billion (2011) Total assets US$ 7.010 billion (2011) Total equity US$ 6.122 billion (2011) Employees 133,560 (2011) Divisions Infosys BPO Infosys China Webnfosys Pri

The Infosys Prize

Awarded for

contributions in five categories: 1)Physical Science Physics, Chemistry and Earth Science 2)Mathematical Science - Mathematics and Statistics 3)Engineering and Computer Science All branches of Engineering 4)Life Science Biology, Biotechnology, Medicine and Agriculture 5)Social Science Economics, History, Sociology, Anthropology and Political Science (Under the Social Science category, 2 subjects will be considered per Prize year.) Infosys Science Foundation India 2008 http://www.infosys-science-foundation.com

Presented by country started awarded official website

The Infosys Prize is an annual award that recognizes outstanding contributions by scientists, researchers, engineers and social scientists in India. By recognizing and rewarding extraordinary accomplishments, the Infosys Prize aims to elevate the prestige of pure and applied sciences research in India. The Prize hopes to fill a gap, to inspire young Indians, and to help scientists continue their good work. 2010 winners were felicitated in January 2011 by Dr. Manmohan Singh at a prize ceremony in Mumbai, and received a prize of INR 5 million, along with a pure gold medallion and a citation certificate.

Contents

1 Background 2 Laureates of the Infosys Prize 2010 3 Laureates of the Infosys Prize 2009 4 The Infosys Prize for Mathematics 2008 5 Nominations 6 Trustees 7 Jury Chairs (2011) o 7.1 Physical Sciences o 7.2 Mathematical Sciences o 7.3 Engineering and Computer Science o 7.4 Life Sciences and Medicine o 7.5 Social Sciences 8 Notes 9 References

Background Research in pure and applied sciences in India, despite stellar achievements in recent times, has not been given the encouragement, support and recognition it deserves. A lacuna in support exists despite Indias rich heritage in scientific enquiry that continues to date. However, the Government of India, with an increase in the outlay on higher education in its Eleventh Five-Year Plan, breathed change into the scientific community. In the light of this move, encouragement from other quarters might further inject vitality into scientific research in India.

Laureates of the Infosys Prize 2010

Engineering & Computer Science Professor Ashutosh Sharma, Chemical Engineering Department, Indian Institute of Technology (IIT), Kanpur

Mathematical Sciences Professor Chandrashekhar Khare, Mathematics Department, University of California, Los Angeles (UCLA), Los Angeles

Life Sciences

Dr. Chetan E. Chitnis, Principal Leader, Malaria Group, International Centre for Genetic Engineering and Biotechnology (ICGEB), Delhi Physical Sciences Professor Sandip Trivedi, Theoretical Physics Department, Tata Institute of Fundamental Research (TIFR), Mumbai

Social Sciences - Social Anthropology Professor Nandini Sundar, Sociology Department Delhi School of Economics (DSE), Delhi

Social Sciences Sociology Professor Amita Baviskar, Sociology Unit, Institute of Economic Growth (IEG), Delhi

Laureates of the Infosys Prize 2009

Social Sciences Economics Professor Abhijit Banerjee received the 2009 Infosys Prize in Social Sciences Economics, in recognition of his outstanding contributions to the economic theory of development, and for his pioneering work in the empirical evaluation of public policy.

Abhijit Banerjee is Ford Foundation International Professor of Economics, Massachusetts Institute of Technology, Cambridge, USA.

Social Sciences History Professor Upinder Singh received the 2009 Infosys Prize in Social Sciences History, in recognition of her contributions as an outstanding historian of ancient and early medieval Indian history. Upinder Singh is Professor in the Dept. of History at the University of Delhi, India.

Physical Sciences Professor Thanu Padmanabhan received the 2009 Infosys Prize in Physical Sciences, in recognition of his contribution to a deeper understanding of Einsteins Theory of Gravity in the context of thermodynamics, and for his work on the large scale structure in cosmology. Thanu Padmanabhan is Distinguished Professor at the Inter-University Centre for Astronomy and Astrophysics, Pune, India.

Mathematical Sciences

Professor Ashoke Sen received the 2009 Infosys Prize in Mathematical Sciences, in recognition of his fundamental contributions to Mathematical Physics, in particular, to String Theory. Ashoke Sen is Professor at the Harish-Chandra Research Institute, Allahabad, India.

Life Sciences

Professor K. VijayRaghavan received the 2009 Infosys Prize in Life Sciences, in recognition of his many contributions as a developmental geneticist and neurobiologist. K VijayRaghavan is Senior Professor in Developmental Genetics and Director of National Centre of Biological Sciences, Bangalore, India.

The Infosys Prize for Mathematics 2008

The Infosys Prize for Mathematics 2008 awarded by Infosys and the National Institute for Advanced Studies (NIAS) will be integrated with the Infosys Prize in the mathematical sciences category with effect from 2009. The first recipient of the prize was Prof. Manindra Agrawal, N. Rama Rao Chair Professor, Department of Computer Science and Engineering, Indian Institute of Technology (IIT), Kanpur

Nominations

Nominations for the Infosys Prize are accepted online at the Infosys Science Foundation website. Nominations for the 2011 award will open on April 1, 2011.

Trustees

N.R. Narayana Murthy S. Gopalakrishnan K. Dinesh President of the Board of Trustees, 2010 Shibulal S.D. T.V. Mohandas Pai Srinath Batni Balakrishnan V. Marti G. Subrahmanyam Omkar Goswami

Jury Chairs (2011)

Physical Sciences

Prof. Shrinivas Kulkarni is John D. & Catherine T. McArthur Professor of Astronomy & Planetary Science at the California Institute of Technology (Caltech). Prof. Kulkarni's primary interests are the study of compact objects (neutron stars and gamma-ray bursts) and the search for extra-solar planets through interferometric and adaptive techniques. He serves as the Interdisciplinary Scientist for the Space Interferometry Mission (SIM) and is co-PI of the Planet Search Key Project (also on SIM). He has been awarded the Alan T. Waterman Prize of the NSF, a fellowship from the David and Lucile Packard Foundation, a Presidential Young Investigator award from the NSF and the Helen B. Warner award of the American Astronomical Society and the Janksy Prize of Associated Universities, Inc. Kulkarni was elected a Fellow of the American Academy of Arts and Sciences (1994), Fellow of the Royal Society of London (2001) and Fellow of the National Academy of Sciences (2003).

Mathematical Sciences

Prof. Srinivasa S. R. Varadhan Professor of Mathematics, Frank J. Gould Professor of Science at the Courant Institute of Mathematical Sciences, New York University Prof. Srinivasa S.R. Varadhan is a winner of the Birkhoff Prize (1994), the Margaret and Herman Sokol Award of the Faculty of Arts

and Sciences, New York University (1995), the Leroy Steele Prize (1996) and the Abel Prize (2007). He also has honorary degrees from Universit Pierre et Marie Curie in Paris (2003) and from the Indian Statistical Institute in Kolkata, India (2004).

Engineering and Computer Science

Prof. Pradeep K. Khosla is currently Dean of the College of Engineering and the Philip and Marsha Dowd University Professor at Carnegie Mellon. As Dean, Prof. Khosla serves as the Chief Academic Officer and the Chief Administrative Officer for the College of Engineering. He is the recipient of several awards including the ASEE George Westinghouse Award for Education (1999), Siliconindia Leadership award for Excellence in Academics and Technology (2000), the W. Wallace McDowell award from IEEE Computer Society (2001), Cyber Education Award from the Business Software Alliance (2007), the ASME Computers in Engineering Lifetime Achievement Award (2009), and the inaugural Pan IIT American Leadership Award for Academic Excellence (2009). He was awarded the Philip and Marsha Dowd Professorship in 1998, and named University Professor in 2008. For his contributions to technology and education he has been elected as Fellow of Institute of Electrical and Electronics Engineers (IEEE), Fellow of American Association of Artificial Intelligence (AAAI), Fellow of American Association for Advancement of Science (AAAS), Fellow of American Society of Mechanical Engineers (ASME), and member of the National Academy of Engineering (NAE). He is a frequent keynote speaker at international conferences, and invited to participate in thought leadership forums organized by Fortune Magazine, Advanced Micro Devices (AMD), Milken Institute, World Economic Forum, and Blouin Foundation, amongst others. He has served and currently serves on several boards of non-profit and for-profit, and government organizations.

Life Sciences and Medicine

Prof. Inder Verma is a Professor in Laboratory of Genetics at the Salk Institute for Biological Studies. He is also an American Cancer Society Professor in Molecular Biology. One of the world's leading authorities on the development of viruses for gene therapy vectors, Dr. Verma uses genetically engineered viruses to insert new genes into cells that can then be returned to the body, where they produce the essential protein whose absence causes disease. He became the first incumbent of the Irwin Mark Jacobs Chair in Exemplary Life Sciences in 2009. In 2008, the Vilcek Foundation named Dr. Verma as the recipient of its prize in biomedical science. He has also been conferred the NIH Outstanding Investigator Award (1988).

Social Sciences

Prof. Amartya Sen is Lamont University Professor and Professor of Economics and Philosophy at Harvard University. He won the Nobel Prize in Economics in 1998. His other awards include the Bharat Ratna, the highest civilian honor awarded by the President of India; the Senator Giovanni Agnelli International Prize in Ethics; the Alan Shawn Feinstein World Hunger Award; the Edinburgh Medal; the Brazilian Ordem do Merito Cientifico (Gr-Cruz); the Presidency of the Italian Republic Medal; the Eisenhower Medal; Honorary Companion of Honour (U.K.), and the George C. Marshall Award.

Notes 1. Infosys Press Release 2. Prof. Manindra Agrawal 3. N.R. Narayana Murthy 4. S. Gopalakrishnan 5. K. Dinesh 6. Shibulal S.D. 7. T.V. Mohandas Pai 8. Srinath Batni 9. Balakrishnan V. 10. Marti G. Subrahmanyam 11. Omkar Goswami 12. Prof. Shrinivas Kulkarni 13. http://math.nyu.edu/faculty/varadhan/ Prof. Srinivasa S. R. Varadhan] 14. http://www.cit.cmu.edu/about_cit/dean/khosla_bio.html 15. http://www.salk.edu/faculty/verma.html Prof. Inder Verma] 16. Prof. Amartya Sen References

"We make US firms more efficient: Murthy". Retrieved 2010-10-26.

"Infosys Murthy yearns for more Science research in India". Retrieved 2009-03-13.

"Infosys India prize to promote research in sciences". The Times Of India. 2009-02-17. Retrieved 2009-03-13.

"Infy to promote science research". The Times Of India. 2009-02-18. Retrieved 2009-03-13.

"Infosys Institutes Infosys India Prize in Five Categories" (Press release). Infosys Technologies Ltd.. 200-02-17. Retrieved 2009-03-13.

site infosInfosys Limited, formerly known as Infosys Technologies Limited (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011. It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the

banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

Contents

1 History 2 Current share holding 3 Initiatives 4 Research 5 Charity 6 Global offices o 6.1 Asia Pacific o 6.2 North America o 6.3 Europe o 6.4 South America 7 Notes 8 References 9 External links

History

Infosys was founded on 2 July 1981 by seven entrepreneurs: N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh, Ashok Arora, and with N. S. Raghavan officially being the first employee of the company. The founders started the company with an initial investment of INR 10,000. The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.

Infosys headquarters in Bengaluru, India

According to Forbes magazine, since its 1993 public listing on the Bombay Stock Exchange until the year 2000, Infosys' sales and earnings compounded at more than 70% a year. In the year 2000, President Bill Clinton complimented India on its achievements in high technology, citing the example of Infosys along with Wipro and Satyam Computers. Infosys will

invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai

In 2001, it was rated the Best Employer in India by Business Today. Infosys was rated best employer to work for in 2000, 2001, and 2002 by Hewitt Associates. In 2007, Infosys received over 1.3 million applications and hired fewer than 3% of applicants.

Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame for the same.

The first development center outside Bangalore was setup in the coastal city of Mangalore in the year 1995.

Current share holding

Life Insurance Corporation of India with 3.84% is the single largest shareholder. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi, and the Government of Singapore also hold significant shareholdings. The remaining public shares are owned by financial institutions and individual investors.

Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.

In 1996, Infosys created the Infosys Foundation, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread its activities from its headquarters in Karnataka to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. The Infosys Foundation is chaired by the wife of company founder Narayana Murthy, Mrs. Sudha Murthy.

Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalise its academic relationships worldwide under the umbrella of a program called AcE Academic Entente. Infosys' Global Internship

Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from universities around the world. InStep recruits undergraduate and graduate students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys. In 1997, Infosys started the "Catch them Young Program", to expose urban youth to information technology by conducting a summer vacation program. The program is aimed at developing an interest and understanding of computer science and information technology. This program is targeted at students in Grade IX level.

In 2002, the Wharton Business School of the University of Pennsylvania and Infosys started the Wharton Infosys Business Transformation Award. This technology award recognises enterprises and individuals who have transformed their businesses and the society leveraging information technology. Past winners include Samsung, Amazon.com, Capital One, RBS and ING Direct.

Infosys houses the largest corporate education center in the world in Mysore. The facility can accommodate 14,000 candidates at one time.

In 2009, Infosys created Infosys Prize for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.

Research

Infosys developed a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project life cycle. Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

Charity In 2005, Infosys donated 10 million (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.

Global offices

Asia Pacific India Bengaluru, Bhubaneswar, Chandigarh, Chennai, Kolkata, Thiruvananthapuram, Hyderabad, Jaipur, Mangalore, Mysore, Pune

Australia Melbourne, Sydney, Brisbane

China Beijing, Shanghai, Hangzhou, Dalian, JiaXing

Hong Kong Hong Kong,

Japan Tokyo,

Mauritius Mauritius,

New Zealand Wellington,

UAE Sharjah,

Philippines Taguig City,

Fiji Island Suva

Thailand Bangkok.'

N.R. Narayana Murthy August 20, 1946 Born: Karnataka, India Chairman & Chief Occupation: Mentor of Infosys Salary: $50,000 USD (Infosys) Image:Green Arrow Up.svg $1.1 billion USD Net worth: (2005)India's Richest - N R Narayana Murthy, Forbes.com

N.R. Narayana Murthy is an Indian industrialist, software engineer and the founder of Infosys Technologies,a global consulting and IT services company based in India which employs more than 70,000 people worldwide.

Born into a Kannadiga Brahmin family in Mysore, India on August 20, 1946, he graduated with a degree in electrical engineering from the University of Mysore in 1967 and received his master's degree from IIT Kanpur in 1969.

He began his career with Patni Computer Systems in Pune. He met his wife Sudha Murty, who was a research associate with Tata in Pune. In 1981, he founded Infosys with six other software professionals. He served as president of the National Association of Software and Service Companies, India from 1992 to 1994. Mr. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao.

Profile

Murthy served as CEO of Infosys for twenty years, and was succeeded by co-founder Nandan Nilekani in March 2002. He is the chairman of the governing body of both the International Institute of Information Technology - Bangalore, and the Indian Institute of Management, Ahmedabad. In addition, he is a member of the Board of Directors of INSEAD, Board of Overseers of the University of Pennsylvania's Wharton School, Cornell

University Board of Trustees, Singapore Management University Board of Trustees and the Board of Advisors for the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business.

Murthy serves as an independent director on the board of the DBS Bank of Singapore. This is the largest government-owned bank in Singapore. He also serves as a director on the Central Board of the Reserve Bank of India, as the co-chairman of the Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications plc. and as a member of the Board of NDTV, India. He is an IT advisor to several Asian countries.

He has been the recipient f numerous awards and honors. In 2000, he was awarded the Padma Shri, a civilian award by the Government of India. He was the first recipient of the Indo-French Forum Medal (in the year 2003), awarded by the Indo-French Forum, in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year - 2003 by Ernst & Young. He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize ( Switzerland), in recognition of his promotion of individual responsibility and liberty. In 1999, BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000). In 1998, the Indian Institute of Technology, Kanpur, one of the premier institutes of higher learning in India, conferred on him the Distinguished Alumnus Award, and in 1996-97, he was awarded the JRD Tata Corporate Leadership Award.

In December 2005, Narayana Murthy was voted as the 8th most admired CEO/Chairman in the world in a global study conducted by BursonMarsteller with the Economist Intelligence Unit . The list included 14 others with distinguished names such as Bill Gates, Steve Jobs and Warren Buffet.

In May 2006, Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India in a study conducted by Brand-comm, a leading Brand Consulting, Advertising and PR firm.

He retired on 20th August, 2006. However he shall continue as the NonExecutive Chairman.

In November 2006, Time magazine featured him in its list of "Asian Heroes". The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa, etc. Case (Field)

Narayana Murthy and Compassionate Capitalism by William W. George, Shailendra J. Singh, Andrew N. McLean Source: Harvard Business School 12 pages. Publication date: Jul 22, 2005. Prod. #: 406015-HCB-ENG

Narayana Murthy's roles at Infosys Technologies--as a co-founder, longtime CEO, and nonexecutive chairman and chief mentor--has been marked by explosive growth, demanding management challenges, and widely lauded company leadership. His personal leadership philosophy has been articulated through and driven by his philosophy of "compassionate capitalism." Profiles Murthy's philosophy and leadership principles. Traces the development of Murthy as a child, scholar, businessman, and political and social activist. Traces the links between Murthy's principles and the business practices that repeatedly brought Infosys Technologies recognition as one of India's most admired and best managed companies. Raises questions in his mind about the place of philanthropic principles in the management of a business enterprise. This case is available in only hard copy format (HBP does not have digital distribution rights to the content). As a result, a digital Educator Copy of the case is not available through this web site. BANGALORE (Reuters) - Infosys Ltd, India's No.2 software services exporter, reported a 9.7-percent rise in quarterly profit and cut its full-year sales outlook by less-than-expected, easing investor worries of a sharp slowdown in the outsourcing sector. Kicking off results for India's nearly $76 billion IT sector, Infosys shares rose 6 percent on Wednesday to their highest level in more than two months, outperforming a 1.4 percent rise in the broader market. The company, which counts Goldman Sachs and BT Group among its main clients, trimmed its dollar revenue growth forecast to 17.1 percent to 19.1 percent for the fiscal year, from 18 percent to 20 percent projected earlier. "The dollar revenue guidance cut is due to a cut in discretionary spending by clients. But it was modest compared with what people had expected," said Jagannadham Thunuguntla, research head at SMC Global Securities. He said analysts had expected Infosys to slash its dollar revenue outlook by 4 to 5 percentage points.

Infosys' quarterly profit was in line with estimates after it lagged expectations in the previous three quarters. Its premium gap with bigger rival Tata Consultancy Services has narrowed in recent months as it lagged in earnings growth.

Infosys added 8,262 staff in the quarter ended September - its highest pace of quarterly staff addition in at least four years. The company maintained its previous forecast of adding 45,000 people in this fiscal year.

"The hiring number indicates that the company sees strong growth ahead despite economic uncertainty. Whether this assumption is right or wrong, we have to wait and see," said Ankur Rudra, a sector analyst with Ambit Capital.

By 0800 GMT, Infosys was up 5.7 percent at 2,649 rupees per share in a Mumbai market up 1 percent. Sector leader Tata Consultancy Services gained 3.2 percent and No. 3 Wipro rose 3.4 percent.

Nasdaq-listed Infosys said consolidated net profit rose to 19.06 billion rupees ($387 million) for the fiscal second quarter ended Sept. 30, from 17.37 billion rupees reported a year ago, as a weaker rupee boosted results.

Revenue rose 16.6 percent to 81 billion rupees as the company added 45 clients in the quarter.

A Reuters poll of brokerages had forecast a profit of 18.9 billion rupees on revenue of 81.2 billion rupees for the company.

India's IT sector, which feeds off increased outsourcing by companies looking to cut costs, is expected to face pricing pressure and a decline in new orders as Europe struggles with a debt crisis and the United States sees an economic slowdown.

Infosys and its local rivals also face stiff competition from global players including IBM and Accenture for large outsourcing deals from global corporations.

Infosys Chief Financial Officer V. Balakrishnan said the reduction in forecast was mainly due to currency volatility.

Balakrishnan said the sovereign debt crisis in Europe was a "big issue" and a slowdown in the United States and European economies could impact spending on technology services by its clients.

Europe is the second largest market for India's software firms, which have been looking to increase their sales to the region to hedge against their excessive exposure to the United States that accounts for more than half their sales.

UNCERTAINTY

"The global macroeconomic environment is still uncertain. It is and should be a concern for the IT industry," S.D. Shibulal, chief executive officer of Infosys, said in a statement.

"There is uncertainty and unemployment in the U.S. and Europe, there is uncertainty in the financial and banking segments. So all these are leading to customers being more cautious in their investment decisions, more thoughtful about the areas in which they invest," Shibulal told reporters.

Infosys earned 65.3 percent of its revenue in the second quarter from the United States versus 65.8 percent from a year ago, while Europe accounted for 20.5 percent of its revenue, down from 21.8 percent a year ago.

The company expects its dollar revenue to rise to $7.08 billion to $7.2 billion in the fiscal year ending March 2012, down from its forecast of $7.13 billion to $7.25 billion in July.

It raised its earnings per American shares growth forecast for the full fiscal year to 15.3 to 16.8 percent from 10 to 11.5 percent guided in April.

Infosys CFO Balakrishnan said the company's operating margins in the current quarter could rise 1.6 percent due to a weak rupee, which has fallen 11 percent since August when it touched its 2011 high.

The company, however, expects margins for the full year to drop about one percentage points from a year ago due to higher wages.

"The results have been helped partly by the depreciation in the rupee. The main thing to watch out for will be how the U.S. and Europe will move in the coming months," said R.K. Gupta, Managing Director at Taurus Asset Management.

Infosys, worth about $29 billion, has lost more than a quarter of its market value this year, roughly in line with a 25 percent fall in the sector index, but outperforming a 19 percent decline in the Mumbai market index.