Infosys Limited (INFY) 6-K Q4 revenue grows by 50.2% YoY

Exhibit 99.11

INFOSYS TECHNOLOGIES LIMITED AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME FOR THE

	Three months ended March 31,
	2004		2005
	(Dollars in millions except share and per share data)
Revenues	$	303	$	455
Cost of revenues		173		262
Gross profit		130		193
Operating Expenses:
Selling and marketing expenses		21		27
General and administrative expenses		23		36
Amortization of intangible assets		—		1
Total operating expenses		44		64
Operating income		86		129
Gain on sale of long term investment		—		11
Other income, net		4		7
Income before income taxes		90		147
Provision for income taxes		13		20
Net income	$	77	$	127
Earnings per equity share
Basic	$	0.29	$	0.47
Diluted	$	0.28	$	0.46
Weighted average equity shares used in computing earnings per equity share
Basic		263,582,848		268,680,832
Diluted		269,978,940		276,615,768

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