This excerpt taken from the INFY 6-K filed Apr 20, 2005.
Hi, attrition for this LTM on the last twelve months basis actually has come down. We closed out last quarter at 10.3%, this quarter is 9.7%, and even if take the trend across for the last few years, you will see that the attrition this year at 9.7% is lower than last year, year end figure of 10.45%. So on attrition we are actually seeing a continuous declining trend. Our top reasons for attrition also continue the same - it is perceived better opportunity, higher studies and personal reasons, the top three reasons remain the same, and specifically to your question of whether we are seeing increased attrition to certain specific companies, no, we are seeing no such trend.
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