Sustainability Report 2008-09

Targeting sustainable economic growth

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V. Balakrishnan - Chief Financial Officer

“The true test of an organization’s future
sustainability and viability comes not in
periods of growth and prosperity, but in
times of financial and economic stress. Since
its inception, almost three decades ago,
Infosys has time and again shown an ability
to scale and adapt to dynamic shifts in the
global economy.”

V. Balakrishnan
Chief Financial Officer
 

In volatile economic circumstances, customers who are facing business challenges themselves demand more flexibility and greater value from their partners. We have developed new and improved service delivery models in conjunction with a flexible cost structure to ensure that our relationships with customers remain sustainable in the long run. We are also focusing on new and emerging markets to broaden our customer base and minimize risks while increasing our growth and returns.

 
156 new customers added
in 2008-09

US$1,281 million net
profit this year as compared to
US $1, 163 million in 2007-08

US$711 million EVA® this
year as compared to
US $546 million in 2007-08

In 2008-09, the global economic crisis impacted the growth of our business. We added 156 new customers, taking the total number of active customers to 579. Revenue growth during the year was up by US $487 million. Our top 10 customers grew by 1.8% while the rest grew by 15.9%. Our annual profits stood at US $1,281 million and we maintained operating margins at 29%.


Growth
Our employee strength increased to 104,850 in 2008-09 as compared to 91,200 last year.

Our brand value decreased from US $7,207 million for 2008-09 as compared to US $8,562 million in the previous year. The Economic Value Added (EVA®) increased to US $711 million from US $546 million in the previous year.

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