Consolidated Statement of Profit and Loss

in ` crore, except equity share and per equity share data

Particulars Note For the year ended March31,
2017 2016
Revenue from operations 2.18 68,484 62,441
Other income, net 2.19 3,080 3,123
Total income 71,564 65,564
Expenses
Employee benefit expenses 2.20 37,659 34,406
Deferred consideration pertaining to acquisition 149
Cost of technical sub-contractors 3,833 3,531
Travel expenses 2,235 2,263
Cost of software packages and others 2.20 1,597 1,274
Communication expenses 549 449
Consultancy and professional charges 763 779
Depreciation and amortization expenses 2.4 & 2.5 1,703 1,459
Other expenses 2.20 3,244 2,511
Total expenses 51,583 46,821
Profit before non-controlling interests / share in net loss of associate 19,981 18,743
Share in net loss of associate and others (30) (3)
Profit before tax 19,951 18,740
Tax expense
Current tax 2.17 5,653 5,318
Deferred tax 2.17 (55) (67)
Profit for the period 14,353 13,489
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
Remeasurement of the net defined benefit liability / asset (45) (12)
Equity instruments through other comprehensive income (5)
(50) (12)
Items that will be reclassified subsequently to profit or loss
Fair value changes on derivatives designated as cash flow hedge, net 2.12 39
Exchange differences on translation of foreign operations (257) 303
Fair value changes on investments, net (10)
(228) 303
Total other comprehensive income, net of tax (278) 291
Total comprehensive income for the period 14,075 13,780
Profit attributable to
Owners of the Company 14,353 13,489
Non-controlling interests
14,353 13,489
Total comprehensive income attributable to
Owners of the Company 14,075 13,780
Non-controlling interests
14,075 13,780
Earnings per equity share
Equity shares of par value `5 each
Basic (`) 62.80 59.02
Diluted (`) 62.77 59.02
Weighted average equity shares used in computing earnings per equity share 2.23
Basic 2,28,56,39,447 2,28,56,16,160
Diluted 2,28,63,96,745 2,28,57,18,894
The accompanying notes form an integral part of the consolidated financial statements.
As per our report of even date attached
for B S R & Co. LLP
Chartered Accountants
Firms registration number: 101248W/W-100022 for and on behalf of the Board of Directors of Infosys Limited
Supreet Sachdev R. Seshasayee Dr.Vishal Sikka U. B. Pravin Rao
Partner Chairman Chief Executive Officer and Chief Operating Officer and
Membership number: 205385 Managing Director Whole-time Director
Bengaluru Roopa Kudva M. D. Ranganath A. G. S. Manikantha
April13, 2017 Director Chief Financial Officer Company Secretary

Infosys Annual Report 2016-17 Consolidated financial statements | 163