We have audited the attached Balance Sheet of Infosys Technologies Limited (‘the Company’) as at 31 March, 2011, the Profit and Loss account of the Company and the Cash Flow statement of the Company for the year ended on that date, annexed thereto. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
As required by the Companies (Auditors’ Report) Order, 2003 (‘the Order’), as amended, issued by the Central Government of India in terms of sub-section (4A) of Section 227 of the Companies Act, 1956 (‘the Act’), we enclose in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the said Order.
Further to our comments in the Annexure referred to above, we report that :
|(i)||in the case of the Balance Sheet, of the state of affairs of the Company as at 31 March, 2011;|
|(ii)||in the case of the Profit and Loss account, of the profit of the Company for the year ended on that date; and|
|(iii)||in the case of the Cash Flow statement, of the cash flows of the Company for the year ended on that date.|
for B S R & Co.
Firm’s registration number : 101248W
Membership number : 32815
15 April, 2011