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INFY » Topics » (in US$ million, except per ADS data)

This excerpt taken from the INFY 6-K filed Jan 18, 2005.

(in US$ million, except per ADS data)

     Quarter ended
December 31,
    Nine months ended
December 31,
    Year ended
March 31,
     2004
    2003
    2004
    2003
    2004

Revenues

    423    276    1,137    760    1,063

Cost of revenues

    241    155    642    430    603

Gross profit

    182    121    495    330    460

Net income

    112    71    292    193    270

Earnings per American Depositary Share *

                         

Basic *

    0.42    0.27    1.09    0.74    1.03

Diluted *

    0.40    0.26    1.07    0.73    1.01

Total assets

    1,305    969    1,305    969    1,132

Cash and cash equivalents

    389    421    389    421    445

Liquid mutual funds

    244    133    244    133    218

 

* Adjusted for a two for one stock dividend to ADS holders. Currently, each ADS represents one equity share.

 

The reconciliation of net income as per Indian GAAP and US GAAP is as follows:

 

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