BANGALORE, India, November 3, 2010 /PRNewswire/ -- Infinite Computer Solutions (India) Limited , a global provider of IT Services, Infrastructure Management Services (IMS) and Intellectual Property Leveraged Solutions, today announced its results for the second quarter of the Fiscal 2010-11.

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Consolidated results for the quarter ending September 30, 2010 - Revenue - INR 219.4 crore; (USD 47.2 Million*) YoY growth of 38.4% in USD terms - PAT - INR 25.56 crore; (USD 5.50 Million); YoY growth of 57.0% in USD terms - EPS for the quarter - INR 5.81 Q2 FY 11 Highlights (for the quarter ended September 30, 2010) Revenue of INR 219.4 Cr. (USD 47.2 Million) - Y-o-Y Growth in INR terms up 32.9% and in USD terms it stood at 38.4%; - Q-o-Q Growth (sequential) is 13.3% in INR terms and 11.2% in USD terms Operating margin of INR 36.4 Cr. (USD 7.83 Million) - Y-o-Y growth in INR terms up 24.3% and in USD terms at 28.3% - Q-o-Q growth 14.4% in INR terms and 12.4% in USD terms Net profit after tax was INR 25.6 Cr. (USD 5.50 Million) - Y-o-Y Growth in INR terms was 53.0% and in USD terms it stood at 57.0%; - Q-o-Q Growth stood at 5.0% in INR terms and in USD terms the growth was 3.1% Earnings per Share was INR 5.81 - Q-o-Q growth up by 4.87%; while Y-o-Y growth was 32.9% The Board of Directors has approved an Interim Dividend of 20% and a special dividend of 10%. Business Outlook Added 3 key clients during the quarter in telecom and utilities division - Our top client contributed 33.1% of our revenue. Top 10 clients contributed 92.3%. - We have 47 active clients. Out of which on an LTM basis, we have 13 USD 1Mn+ clients, of which three are clients with USD 20Mn+ revenue; six clients with USD 5Mn+ revenue Others - The global headcount increased to 4178 employees - Net addition of 435 employees / contractors - Global Attrition rate stood at 8.08% while India attrition was at 7.84% - Telecom vertical contributed 61% of the total revenue. Healthcare contribution up to 18.63% and Manufacturing up to 6.34%; RD/IP Leveraged revenue up to 21.6% against 18.9% in Q1; RIM revenue up to 8.9% against 8.2% in Q1. Offshore revenue up to 29.1% from 27.8% in Q1

Anjali Awasthi Head - Corporate Communications Infinite anjali.awasthi@infinite.com +91-9818231938 / +91-80-4193-0000

SOURCE: Infinite Computer Solutions (India) Ltd.

CONTACT: Anjali Awasthi, Head - Corporate Communications, Infinite,anjali.awasthi@infinite.com, +91-9818231938 / +91-80-4193-0000