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Tr

infinite

24 August, 2016
National Stock Exchange of India Limited
Exchange Plaza,
Plot No. C/1, G Block,
Bandra Kuria Complex, Sandra (East)
Mumbai 4000 51

BSE Limited
Corporate Relationship Department
P.1 Towers,
Dalal Street
Mumbai 4000 01

Scrip Symbol: INFINITE

Scrip Code: 533154

Sub: Press Release, Fact Sheet & Investor Presentation


Ref: Audited Financial Results for Quarter ended June 30, 2016.
Dear Sir,
Please find attached a copy of the Press Release, Fact Sheet and Investor Presentation which
the Company proposes to share with Analysts with respect to the Audited Standalone and
Consolidated Financial Results of the Company for the quarter ended June 30, 2016, duly
approved by the Directors in their meeting held on today i.e., 24 August, 2016.
We request you to take the same on your record.
Thanking You,

Yours faithfully,
for Infinite Computer Solutions (India) Limited

Rajesh Kumar Modi


Company Secretary
Encls: a/a

entire,

annte posstilit os
CIN L72200DL1999PLC171077
w inftrute.com

into@infpute com

Corporate Office

Registered Office

157. EPIP Zone. Phase 2. Kundalahalll.


Whitetield. Bangalore - 560066.

155. Somdutt Chambers Ii.9


Bhikaji Coma Place, New Delh 110065.

+91 50 4193 0000

4 91 80 4193 0009

+91 11 4615 0845

+91 80 4615 0830

Infinite Computer Solutions (India) Ltd


Press release

Q1 - FY 2016 - 17
Infinite's Revenue grows 13.8 % Y-on-Y and EBITDA grows by 25% Y-on-Y n
Rupee Terms
Bangalore (India), August 24th 2016
Infinite Computer Solutions (India) Ltd. (NSE Symbol: Infinite; BSE Scrip Code: 533154), provides
technology based business process solutions, next-gen mobility solutions and product engineering
services, today announced its results for the first quarter, FY 2016 17, as approved by its Board of
Directors.

"Our quarterly revenue is in line with our guidance as we continue to execute our strategy for
better engagement with clients and investing in emerging technologies. This quarter's trend has
been encouraging both from a revenue and profitability perspective. Given the progress we have
made, we are embarking on certain initiatives for competitiveness to help us drive towards
higher growth" said Upinder Zutshi, Managing Director & CEO, Infinite.

Key financial highlights of the Quarter


Consolidated INR results for the Quarter ended June 30th, 2016:
Down by

3.4 %

Revenue

INR 534.55 Crore

EBITDA

INR 47.87 Crore

YoY Growth by 25 % I 000. Growth by 0.1 %

PAT

INR 30.39 Crore

YoY Growth by 17.9 %

EPS for Q1 FY 17 INR 7.73

YoY Growth by 13.8 %

I Clo0

QoQ Growth by 0.1 %

Consolidated USD results for the Quarter ended June 30th, 2016:
YoY Growth by 8.0 % I QoQ Down by 2.6 %

Revenue

USD 79.87 Million*

EBITDA

USD 7.15 Million*

YoY Down by

18.6 % I QoQ Growth by 1.0 %

PAT

USD 4.54 Million*

YoY Down by

11.9 % I QoQ growth by 1.0 %

*Average Forex Rate: INR 66.93 =1 USD

2016 Infinite Computer Solutions. All Rights Reserved.

Page 1

Infinite Computer Solutions (India) Ltd


Press release

infinite)
Quarter Highlights

Quarterly results in line with our expectations and projections for this quarter

New clients & multiple deals signed in Healthcare, Telecom and Product Engineering

Zyter (Our Secure, Intelligent, Communication & Collaboration Platform) Awarded Gold and
Silver from the "Golden Bridge Awards 2016" for Information Technology Services
Innovations

Added 20 New Clients during the quarter out of which majority to our Enterprise Messaging
Services

Signed clients to our Product Engineering business unit a world's leading Soft drink

Signed up with a leading Healthcare company in the US to provide Healthcare Solutions

manufacturer and Manufacturer of Clean Energy Technology products

Equity Shares Buy -back through Tender Offer route:


On Aug 24, 2016, Infinite announced that its board of directors ("Board") approved a buyback
("Buyback") by the Company of up to 60 Lakh, fully paid-up equity shares of Rs. 10/- each of the
Company ("Equity Shares") representing 15.5% of the total paid-up Equity Share capital of the
Company at a maximum price of Rs. 250/ per Equity Share ("Buyback Price") payable in cash for an
aggregate amount of up to Rs. 150 Crores ("Buyback Size").
The Buyback Size is 24.77% of the fully paid-up Equity Share capital and free reserves as per the
audited standalone balance sheet of the Company for the financial year ended March 31, 2016.
The Buyback will be conducted on a proportionate basis through the "tender offer" route as
prescribed under the Securities and Exchange Board of India ("SEBI") (Buy Back of Securities)
Regulations, 1998 and the Companies Act, 2013 and rules made thereunder.

2016 Infinite Computer Solutions. All Rights Reserved.

Page 2

Infinite Computer Solutions (India) Ltd


Press release

About Infinite
Infinite Computer Solutions (India) Ltd., (NSE Symbol: Infinite; BSE Scrip Code: 533154), provides
technology based business process solutions, next-gen mobility solutions and product engineering
services, specializing in the Healthcare, Banking & Finance, Telecommunications & Technology and
Media & Publishing industries, for Fortune 1000 companies. Our solutions build on proprietary
industrial frameworks that significantly reduce work effort and cost while providing faster go-tomarket speeds and nimble responses to market dynamics, a solution we call Platformization'TM.
Infinite has over 4,700 employees with 18 locations worldwide and 7 global delivery centers.
Established in 1999, headquartered in Bangalore, India, with an expanse across three continents, a
diverse employee base and over 50 premier clients, including several leading Fortune 1000
companies. We have also been listed twice as NASSCOM's top 20 IT Companies in India.

Safe harbour
Certain statements in this release concerning our future growth prospects are forward-looking
statements, which involve a number of risks, and uncertainties that could cause actual

results

to

differ materially from those in such forward-looking statements due to risks or uncertainties
associated with our expectations with respect to, but not limited to, our ability to successfully
implement our strategy and our growth and expansion plans, technological changes, our exposure to
market risks, general economic and political conditions in India which have an impact on our
business activities or investments, changes in the laws and regulations that apply to the Indian IT
services industry, including with respect to tax incentives and export benefits, adverse changes in
foreign laws, including those relating to outsourcing and immigration, increasing competition in and
the conditions of the Indian and global IT services industry, the prices we are able to obtain for our
services, wage levels in India for IT professionals, the loss of significant customers the monetary and
interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign
exchange rates, equity prices or other rates or prices, the performance of the financial markets in
India and globally, changes in Media Release Page 4 domestic and foreign laws, regulations and
taxes and changes in competition in the information technology/telecommunication industries.
The Company does not undertake to update any forward-looking statements that may be made
from time to time by or on behalf of the Company.

For more information, please visit us at www.infinite.com


Media Contacts
Corporate Marketing

Investors Contact

Tel: +91-80- 41930000

Mr. Mohan Kumar

Email corporate-ma rketing@infinite.com

Tel: +91-80-41930000

Infinite Computer Solutions (India) Ltd, Bangalore

Email mohan.kumar@infinite.com
Infinite Computer Solutions (India) Ltd, Bangalore

2016 Infinite Computer Solutions. All Rights Reserved.

Page 3

..

infi nite

excitinbtimeswinfinite possibilities...

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