6-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

For the quarter ended December 31, 2016

Commission File Number 001-35754

Infosys Limited

(Exact name of Registrant as specified in its charter)

Not Applicable.

(Translation of Registrant's name into English)

Electronics City, Hosur Road, Bangalore - 560 100, Karnataka, India. +91-80-2852-0261

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F þ Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) : o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) : o 

 TABLE OF CONTENTS

EXHIBIT 99.1

EXHIBIT 99.2

DISCLOSURE OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION

We hereby furnish the United States Securities and Exchange Commission with copies of the following information concerning our public disclosures regarding our results of operations and financial condition for the quarter ended December 31, 2016.

The following information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On January 13, 2017, we announced our results of operations for the quarter ended December 31, 2016. We issued press releases announcing our results under International Financial Reporting Standards ("IFRS"), copies of which are attached to this Form 6-K as Exhibit 99.1. We placed advertisements in certain Indian newspapers concerning our results of operations for the quarter ended December 31, 2016 under Ind AS. A copy of the advertisement is attached to this Form 6-K as Exhibit 99.2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Infosys Limited /s/ Manikantha A.G.S
Date: January 13, 2017	Manikantha A.G.S Company Secretary

INDEX TO EXHIBITS

Exhibit No.	Description of Document
99.1	IFRS USD Press Release
99.2	Form of Advertisement

EX-99.1 CHARTER

Exhibit 99.1
IFRS USD Press Release

Infosys (NYSE: INFY) Announces Results for the Quarter ended December 31, 2016

Q3 revenues declined 1.4% sequentially in USD terms; declined 0.3% in constant currency

Q3 year-on-year revenues grew 6.0% in USD terms; grew 7.3% in constant currency

9 months year-on-year revenues grew 8.3% in USD terms; 9.4% in constant currency

LTM revenues crossed $ 10 bn

Q3 Operating margins expanded 0.2% to 25.1% and net margins expanded 0.6% to 21.5% sequentially

Q3 EPS grew 1.5% sequentially and 4.4% year-on-year

Attrition declined sequentially by 0.8% on standalone basis and 1.6% on consolidated basis

FY 17 revenue guidance revised to 8.4% - 8.8% from 8.0% - 9.0% in constant currency

Bangalore, India – January 13, 2017

Financial Highlights

Consolidated results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2016

· Revenues were $ 2,551 million for the quarter ended December 31, 2016
QoQ decline of 1.4% in USD terms; decline of 0.3% in constant currency terms
YoY growth of 6.0% in USD terms; 7.3% in constant currency terms

· Net profit was $ 547 million for the quarter ended December 31, 2016
QoQ growth was 1.5%
YoY growth was 4.4%

Consolidated results under International Financial Reporting Standards (IFRS) for the nine months ended December 31, 2016

· Revenues were $ 7,639 million; growth of 8.3% in USD terms and 9.4% in constant currency terms

· Net profit was $ 1,597 million; growth of 5.1% in USD terms

· Liquid assets including cash and cash equivalents and investments were $5,255 million as on December 31, 2016 as compared to $5,349 million as on September 30, 2016 and $4,765 million as on December 31, 2015. During the quarter, the company paid interim dividend including tax of $ 453 million

"Taking into account seasonal and other additional headwinds for the quarter, our Q3 revenue performance was broadly in line with our expectations," said Vishal Sikka, CEO and MD. "Beyond the quarterly numbers, we continue to focus sharply on the execution of our strategy, as reflected in the growing embrace of AI-based automation, growth in our new software-led business, delivering innovation, both incremental & breakthrough and fostering a learning-led culture. Our annual client survey results show highest customer satisfaction since we started the survey 12 years ago and increased adoption of Zero Distance and lowered attrition, especially amongst top performers – these are some of the key indicators of the growing creative confidence of Infoscions."

“In a seasonally soft quarter, our utilization has remained healthy.” said U B Pravin Rao, COO. “Our continued efforts to improve employee engagement and experience resulted in a reduction in attrition. During the quarter, we added 77 clients and also added 2 clients in the $ 75mn+ revenue category. I would like to congratulate all stakeholders on crossing the $ 10 bn revenue milestone on LTM basis.”

“Our ongoing focus on operational efficiencies has enabled us to keep YTD operating margins at similar levels for the same period last year”, said M.D. Ranganath, CFO. “Our cash generation during the quarter was strong.”

Outlook*

The Company’s revenue outlook (consolidated) for the fiscal year ending March 31, 2017, under IFRS is as follows:

· Revenue guidance revised to 8.4% - 8.8% from 8.0% - 9.0% in constant currency;

· The above constant currency guidance translates to 8.6% - 9.0% in USD terms based on March 31^st rates, 7.9% - 8.3% based on June 30^th rates; 7.9% - 8.3% based on September 30^th rates and 7.2% - 7.6% based on December 31st rates

*FY 16 constant Currency rates - AUD/USD – 0.73; Euro/USD – 1.10; GBP/USD – 1.51

Currency rates as of March 31, 2016 - AUD/USD – 0.77; Euro/USD – 1.14; GBP/USD – 1.44

Currency rates as of June 30, 2016 - AUD/USD – 0.75; Euro/USD – 1.11; GBP/USD – 1.35

Currency rates as of September 30, 2016 - AUD/USD – 0.76; Euro/USD – 1.12; GBP/USD – 1.30

Currency rates as of December 31, 2016 - AUD/USD – 0.72; Euro/USD – 1.05; GBP/USD – 1.23

Change of Auditors on account of mandatory rotation requirement in India

The Board of Directors of Infosys Limited (‘the Company’) at its meeting held on January 13, 2017, on the recommendation of the Audit Committee, has proposed the appointment of Deloitte Haskins & Sells, LLP, Chartered Accountants (Firm Registration No. 117366 W/W 100018) (Deloitte) as the statutory auditors of the Company, subject to the approval of the shareholders of the Company. This appointment is effective financial year ending March 31, 2018 which will include audit of the quarterly financial statements of the year. This appointment is necessitated by the requirement under Section 139 of the Indian Companies Act, 2013 and the Rules made thereunder, wherein it is mandatory for the company to rotate the current statutory auditors on completion of the maximum term permitted under the said Section. Deloitte will hold office for a period of 5 consecutive years from the conclusion of the Annual General Meeting of the Company scheduled to be held in the year 2017.

To align with the above, the Board of Directors of Company also approved the appointment of Deloitte as the independent registered public accounting firm to audit the annual financial statements of the Company to be included in the Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ending March 31, 2018. Please also refer to the regulatory filings published on the company’s website (under Highlights IND AS) for further details in this regard.

Management Changes 

The Company has appointed Ravikumar S. as Deputy Chief Operating Officer reporting to U. B. Pravin Rao, Chief Operating Officer, with immediate effect. In addition to his current responsibility of heading the global delivery organization, Ravikumar S. will oversee certain strategic Business Enabling Functions and will be based in India.

Business Highlights

We continue to drive new value for our clients through automation and innovation, improve our operational excellence, and invest in a culture of learning.

RENEW

In Q3, we continued to make progress on our strategy to Renew our core services, introducing new offerings in the areas of Digital, Cloud, Data Sciences, Mainframe Modernization, Cyber security, API Microservices, Internet of Things, and more, to help our clients renew their core businesses. In addition, Zero Distance continued to be a key strategic differentiator to drive ongoing, grassroots innovation in every project.

Infosys leveraged the Zero Distance framework to build a custom application that provides maintenance and production support services for the Global Business Systems of LexisNexis, a leading global provider of content-enabled workflow solutions designed for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets.

“Bringing forward innovative ideas to improve the customer experience while simultaneously reducing our operational costs is a capability where Infosys has exceeded my expectations. Infosys proposed replacing our third party system with a custom application, improving the user experience and reducing our operational costs. The implementation was completed by Infosys one month ahead of the deadline, maximizing our ability to reap financial benefits from the new custom application. This is a great example of Infosys doing more than just managing the status quo. I look forward to partnering with Infosys on future such innovations.” - James W Wanke, Vice President of Technology, LexisNexis

“Arizona Public Service (APS) was at the cusp of a major business transformation that required us to modernize our Customer Information System (CIS) environment without letting our customers be burdened by the complexities of the process. Infosys enabled us to accelerate the replacement of the existing system with the suitable COTS (commercial off-the-shelf) product while ensuring a seamless transition and a steady state for large and complex CIS application. With its deep domain knowledge, the team leveraged its Zero Distance initiative to come up with an idea to run a parallel sustainability program that ensured the upgrade of the product with minimal disruptions. Infosys also came up with the brilliant idea to automate a large number of test cases that were previously manually tested, making certain that they were tailored to our specific scenarios. The solution provided by Infosys allows more timely delivery of products and services to our customers, saving costs for our end customers through a system that is flexible and nimble to meet their needs.” - Jasvinder Arora, Director, CIS Modernization Program, Arizona Public Service Company

The Kroger Co., the largest traditional supermarket chain by revenue and the third largest retailer in the world, has chosen Infosys to provide support for several corporate and retail systems and middleware services. “We are extremely excited about the experience and capabilities as well as the ability to scale that Infosys brings. We feel that Infosys is a good fit with our focus on customers, quality and innovation.” - Annette Franke, Vice President of Corporate Technology, The Kroger Co.

Servco, a leading Hawaii based Automotive Dealer and Distributor, has chosen Infosys as a partner to execute their ERP transformation program. “We are pleased to have selected Infosys as a partner for our key Oracle transformation program which involves the implementation of a hybrid Oracle cloud and on- premise solution across key business functions of the organization. The implementation will enable us to de-risk our business by moving away from legacy systems and establishing a strong, modern integrated platform that will benefit the critical functions at Servco. Infosys’ capabilities in Oracle ERP, Cloud technologies and Automotive Domain led us to select them for this Key Program.” - Thor Toma, Senior Vice President, Servco

“House of Fraser is on an accelerated journey to the customer centric, digital era of retailing. We are building a next generation integrated eCommerce and Customer Experience platform which combines with new backend order management and service integration capabilities online, in store and on mobile in a truly multi-channel proposition. Working collaboratively with Infosys, our partner for strategy through execution of this transformation; this game changing platform is delivered on Microsoft’s Azure cloud computing infrastructure. At our business scale, we believe this is a pioneering use of cloud technology for a mission critical customer facing application and a clear demonstration of the maturity and capability of Microsoft’s cloud technology. Our positive experience of delivering this platform in partnership with Infosys and Microsoft has reinforced my confidence that the use of cloud technology will help us deliver our digital transformation at House of Fraser.” - Julian Burnett, Chief Information Officer, House of Fraser

We are seeing continued demand for Mainframe modernization across verticals, and are working on joint forays with Amazon Web Services and Azure in the market, partnering with our clients to move their Mainframe workloads to the cloud.

“We work with Infosys to create innovative technology solutions using Finacle and Amazon Web Services Cloud services. We recently conducted initial tests by offloading large components batch processing to the AWS cloud, and achieved processing speeds 100 times faster than traditional database technology, which could revolutionize the way we run core banking systems. We have also initiated our journey to modernize our legacy environments and accelerate digital transformation, with the support of Amazon Web Services and Infosys.” - David Gledhill, Group Chief Information Officer, DBS Bank

NEW

In Q3, we saw continued momentum for software and services coming together to drive new value for clients. Mana client adoption more than doubled compared to previous quarters. Skava had a strong Black Friday on retail ecommerce sites where volumes were up more than 30%. The EdgeVerve business delivered solid results with 18 wins and 21 go-lives from both the Finacle and Edge suite of solutions across various markets. AssistEdge, our Robotic Process Automation platform had its best quarter ever. Similarly in Q3, Panaya saw its best performance in terms of bookings and revenue.

Evonik, one of the world leaders in specialty chemicals has engaged Infosys in a multi-year strategic partnership. “We chose Infosys for their ability to deliver on the current IT needs for Evonik, and for their capabilities to support us on future technology modernization programs. Infosys is supporting us in the transformation of our Procurement landscape through an end-to-end Implementation of SAP Ariba, as part of Evonik’s Procurement 2020 vision. In addition, through the ideas generated by the company’s Zero Distance initiative, we have leveraged Infosys Artificial Intelligence Platform Mana and its cognitive automation capabilities, in our platform operations and have been able to analyze and reduce duplicate system monitoring alerts by 15%. We look forward to more such ideas from Infosys driving the shape of our partnership in the future.” - Thomas Meinel, Senior Vice President & Head of Application Management, Evonik Industries AG

Lifetouch, a global photography company, has partnered with Infosys to automate and monitor its incident tickets for system and infrastructure failures. As part of Lifetouch’s deployment of the Nagios tool, the Infosys Robotic Process Automation was integrated to monitor alerts. Based on the nature of the alerts, the bots are programmed to perform specific actions – such as a service desk ticket creation, the classification of an issue as well as creation of problem management tickets using built-in business logic. “Through our engagement with Infosys, not only have been able to automate manual and highly repetitive tasks like monitoring and ticket creation, but have also been able to improve the quality of our outcomes. With bots we now have 24/7 coverage with accurate monitoring and systematic alerts.” - Jay Drayton, Vice President, Lifetouch (LNSS- National Schools Studios)

Finacle continued to strengthen its position as a “Platform of Choice” for digital transformation, enabling new business models for banks.

“ICICI Bank has a rich legacy of leveraging the latest technology to bring in new paradigms in banking. Akin to pioneering new technologies in the country like software robotics, mobility and near-field communication among others, I am delighted that we are the first bank in India and among few globally to set up a blockchain application. We have also marked a milestone by piloting a blockchain network with Emirates NBD and Infosys Finacle as partners and have successfully executed cross-border open account trade finance and remittance transactions. I envision that the emerging technology of blockchain will play a significant role in banking in the coming years by making complex bilateral and multi-lateral banking transactions seamless, quick and more secure. Going forward, we also intend to work on expanding the blockchain ecosystem and create common working standards to contribute to the commercial adoption of this initiative.” - Ms. Chanda Kochhar, Managing Director & Chief Executive Officer, ICICI Bank

An important milestone in strengthening Finacle’s presence in the United States this quarter was the go-live of Marcus by Goldman Sachs. “With the successful deployment of the Finacle Core Banking Solution we gain both agility to respond to customer needs and scalability to adapt with market requirements while providing superior customer experience required in today’s competitive Digital Age.” - Boe Hartman, Chief Technology Officer, Marcus by Goldman Sachs (Digital Finance Technology)

Cosmetics Company Shiseido, used Panaya Test Center to undergo a major IT transformation project, and helped tackle its IT Transformation project by successfully reducing the company’s global testing efforts by 30%. “To ensure we go live smoothly with our business-critical applications, we had to mobilize over 80 business users spread across 11 countries in Europe to perform user acceptance testing. Panaya helped us save 30% of our testing effort while improving the quality of our testing.” Panaya Test Center delivered test acceleration and offered Shiseido a more efficient way to manage the business process testing from an end-to-end perspective. “I could easily track the project in real time to increase our efficiency and avoid any bottlenecks. We will continue to partner with Panaya in our upcoming rollout and expect even greater value.” - Sébastien Hebert, Technical Director EMEA, Shiseido

Panaya partnered with Elton Technologies to resell licenses of Panaya’s CloudQuality™ Suite to deliver quality ERP changes with zero time-to-change, zero downtime and zero risk, providing major savings to large enterprises. “We see an excellent opportunity partnering with Panaya for many of our Gulf Cooperation Countries (GCC) clients planning to migrate to SAP S/4HANA in the coming years. These companies are looking at a complex ERP migration, and a widely used solution like Panaya’s CloudQuality™ Suite that offers faster testing and zero risk will certainly offer our clients significant savings.” - Prem Chander, Chief Executive Officer of Elton Technologies

In Design Thinking, we continued to work with clients in key strategic areas. “When we began the transformation of School of Management at Fudan University, we wanted to re-imagine and create a new learning experience for students and faculty, in our education programs. Our intent was to create a platform that enables a deeper engagement between students and faculty, and create a modern and smart campus, and more. For the alumni, we wanted to bring the notion of continuous learning to life, engaging with them in a much deeper way, to help them achieve their personal and professional goals long after they leave our campus and pursue their careers and lifetime objectives. Infosys was one of our key partners in imagining this future for business education at Fudan University. In our Design Thinking engagement with Infosys, we looked at the entire MBA student experience, from the students’ point of view – their motivations, expectations and aspirations. This has helped us to think very tangibly about how to transform the student experience, and has helped our teams to be much more confident in problem finding and in understanding and designing for our students’ needs. I am very pleased that we have built the momentum to experiment and prototype the 2026 student experience, with a bias towards action and a trust in the power of testing and rapid iteration.” - Xiongwen Lu, Dean of Fudan School of Management, Fudan University, Shanghai, China

CULTURE

Learnability, the ease and speed to acquire new skills, continues to be the foundation for the company’s growth. We have invested in enhancing our leadership training initiatives by offering a more global and experiential learning program at world-class institutions. We have also witnessed positive traction through partnerships with organizations such as Udacity.

This quarter we invested in advancing the learning quotient at Infosys. We rolled out new classes on Mana and machine learning topics on the Digital Tutor social learning platform and the Infosys Learning Platform. An immersive training capsule called “Automation - A Way of Life” is being rolled out for all new hires in Mysore along with an updated module on Design Thinking with concrete examples and Infosys success stories.

AWARDS & RECOGNITION

· Leader, Gartner Magic Quadrant for Application Testing Services, Worldwide

· Leader, Everest Group’s Capital Markets Outsourcing PEAK Matrix™ 2016

· Star Performer, Everest Group’s Mobility Services in Global Banking –Service Provider Landscape with PEAK Matrix™ Assessment 2016

· Leader and Star Performer, Everest Group’s Big Data & Analytics Services in Global Banking – Service Provider Landscape with PEAK Matrix™ Assessment 2016

· Leader, IT Outsourcing in Everest Group’s Global Insurance – Service Provider Landscape with PEAK Matrix™ Assessment 2016

· Infosys was inducted into the Winner’s Circle in the HfS Product Lifecycle Management Services Blueprint Report 2016

· Leader, WW Engineering Services by Global Service Providers (based in India) by ARC Advisory

· Leader, Retail Digital Service Providers, Zinnov Zones by Zinnov

· High Performer, HfS Intelligent Automation Blueprint Report 2016

· Finacle is a Market Leader among digital platforms in “Ovum Decision Matrix: Selecting a Digital Banking Platform, 2017–18” report by Ovum Research

· Best Company in India, FinanceAsia’s 20th Anniversary Platinum Awards

· National Award for Excellence in Corporate Governance, 16th Institute of Company Secretaries of India (ICSI)

· Five marketing and innovation awards following the launch of a successful strategic technology partnership with ATP

· Infosys BPO won ‘Best Employer Brand’ award by the Best Employer Institute

BEYOND BUSINESS

In India, the Infosys Foundation has invested in several impactful programs across a wide spectrum of areas including rehabilitation, arts & culture, education and rural development. Some of the key initiatives of the quarter include the curation of the Infosys Foundation Anupu Festival; sponsorship of a kitchen in Hyderabad in partnership with Akshaya Patra Foundation; an endowment to Sahapedia, a NGO, for the development of an online interactive web module on arts, culture and history of India; development of a sustainable village in Madhya Pradesh through Shivganga Samagra Gramvikas Parishad along with other investments that will benefit patients, children and the youth from underprivileged backgrounds.

In Q3, the Infosys Foundation USA celebrated Computer Science Education Week, announcing multiple grants to enable under represented students across nine states to explore computer science (CS) and coding. The Foundation also renewed its partnership with Code.org, one of the most active CS education advocacy organizations globally. The Foundation honored 10 CS teachers with awards of excellence in partnership with ACM and CSTA and also launched the new 2016/17 cycle of the Infy Maker Awards in the U.S. which recognize dozens of Makers working on projects with a deep social impact. As of September 30, 2016, the Foundation has had a significant impact on CS education by enabling 134,529 students in 2,490 schools across all 50 states to gain access to computer science and maker education. This was made possible by supporting 2,539 teachers with critical resources such as computer science teacher training, new classroom technology and teaching aids, and makerspaces. An additional 179 coding workshops, hackathons, and coding clubs held during or after school were also supported by the Foundation.

About Infosys Ltd

Infosys is a global leader in technology services and consulting. We enable clients in more than 50 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 199,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.

Safe Harbor

Certain statements in these results concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts and inability to accurately predict economic or industry trends, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2016. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this release is January 13, 2017, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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 unless it is required by law.

Contact

Investor Relations	Sandeep Mahindroo +91 80 3980 1018 Sandeep_Mahindroo@infosys.com
Media Relations	SarahVanitaGideon +91 80 4156 3998 Sarah_Gideon@infosys.com	PeteDaly  +1 857 600 6839 pete.daly@teamlewis.com

Infosys Limited and Subsidiaries

Unaudited Condensed Consolidated Balance Sheets as of

(Dollars in millions except equity share data)

	December 31, 2016	March 31, 2016
ASSETS
Current assets
Cash and cash equivalents	3,844	4,935
Current investments	643	11
Trade receivables	1,905	1,710
Unbilled revenue	502	457
Prepayments and other current assets	803	672
Derivative financial instruments	15	17
Total current assets	7,712	7,802
Non-current assets
Property, plant and equipment	1,680	1,589
Goodwill	554	568
Intangible assets	127	149
Investment in Associates	15	16
Non-current investments	796	273
Deferred income tax assets	90	81
Income tax assets	785	789
Other non-current assets	111	111
Total non-current assets	4,158	3,576
Total assets	11,870	11,378
LIABILITIES AND EQUITY
Current liabilities
Trade payables	49	58
Derivative Financial Instruments	1	1
Current income tax liabilities	571	515
Client deposits	4	4
Unearned revenue	268	201
Employee benefit obligations	210	202
Provisions	61	77
Other current liabilities	1,004	940
Total current liabilities	2,168	1,998
Non-current liabilities
Deferred income tax liabilities	32	39
Other non-current liabilities	26	17
Total liabilities	2,226	2,054
Equity
Share capital- 5/- ($0.16) par value 2,400,000,000 (2,400,000,000) equity shares authorized, issued and outstanding 2,285,651,730 (2,285,621,088), net of 11,292,934 (11,323,576) treasury shares as of December 31, 2016 (March 31, 2016), respectively	199	199
Share premium	580	570
Retained earnings	11,647	11,083
Cash flow hedge reserve	4	–
Other reserves	–	–
Other components of equity	(2,786)	(2,528)
Total equity attributable to equity holders of the company	9,644	9,324
Non-controlling interests	–	–
Total equity	9,644	9,324
Total liabilities and equity	11,870	11,378

Infosys Limited and Subsidiaries

Unaudited Condensed Consolidated Statements of Comprehensive Income

(Dollars in millions except share and per equity share data)

	Three months ended December 31, 2016	Three months ended December 31, 2015	Nine months ended December 31, 2016	Nine months ended December 31, 2015
Revenues	2,551	2,407	7,639	7,055
Cost of sales	1,601	1,512	4,832	4,435
Gross profit	950	895	2,807	2,620
Operating expenses:
Selling and marketing expenses	131	130	402	388
Administrative expenses	179	166	519	482
Total operating expenses	310	296	921	870
Operating profit	640	599	1,886	1,750
Other income, net	121	121	347	362
Share in associate's profit / (loss)	–	–	(1)	–
Profit before income taxes	761	720	2,232	2,112
Income tax expense	214	196	635	593
Net profit	547	524	1,597	1,519
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss:
Re-measurement of the net defined benefit liability/(asset)	(1)	1	(10)	(1)
Cumulative impact on reversal of unrealized gain on quoted debt securities on adoption of IFRS 9	–	–	(5)	–
Equity instruments through other comprehensive income	–	–	–	–
Items that will be reclassified subsequently to profit or loss:
Fair valuation of investments	–	1	–	3
Fair value changes on derivatives designated as cash flow hedge, net	4	–	4	–
Exchange differences on translation of foreign operations	(189)	(69)	(243)	(448)
Total other comprehensive income, net of tax	(186)	(67)	(254)	(446)
Total comprehensive income	361	457	1,343	1,073
Profit attributable to:
Owners of the company	547	524	1,597	1,519
Non-controlling interests	–	–	–	–
	547	524	1,597	1,519
Total comprehensive income attributable to:
Owners of the company	361	457	1,343	1,073
Non-controlling interests	–	–	–	–
	361	457	1,343	1,073
Earnings per equity share
Basic ($)	0.24	0.23	0.70	0.66
Diluted ($)	0.24	0.23	0.70	0.66
Weighted average equity shares used in computing earnings per equity share
Basic	2,285,651,730	2,285,619,380	2,285,638,678	2,285,614,573
Diluted	2,286,229,042	2,285,732,052	2,286,076,462	2,285,715,960

NOTE:

1. The unaudited Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Comprehensive Income for the three months and nine months ended December 31, 2016 have been taken on record at the Board meeting held on January 13, 2017

2. A Fact Sheet providing the operating metrics of the company can be downloaded from www.infosys.com

EX-99.2 BYLAWS

Exhibit 99.2
Form of Advertisement

Infosys Limited Regd. office: Electronics City, Hosur Road, Bengaluru – 560 100, India CIN : L85110KA1981PLC013115 Website: www.infosys.com Email: investors@infosys.com T: 91 80 2852 0261, F: 91 80 2852 0362 

Audited consolidated financial results of Infosys Limited and its subsidiaries for the quarter and nine months ended December 31, 2016, prepared in compliance with the Indian Accounting Standards (Ind-AS)

(in crore, except per equity share data)

Particulars	Quarter ended December 31,	Quarter ended September 30,	Quarter ended December 31,	Nine months ended December 31,		Year ended March 31,
	2016	2016	2015	2016	2015	2016
	Audited	Audited	Audited	Audited	Audited	Audited
Revenue from operations	17,273	17,310	15,902	51,364	45,891	62,441
Other income, net	820	760	802	2,333	2,351	3,123
Total Income	18,093	18,070	16,704	53,697	48,242	65,564
Expenses
Employee benefit expenses	9,420	9,648	8,772	28,349	25,383	34,406
Deferred consideration pertaining to acquisition	–	–	25	–	149	149
Cost of technical sub-contractors	975	940	998	2,833	2,606	3,531
Travel expenses	502	520	530	1,762	1,667	2,263
Cost of software packages and others	461	381	278	1,119	945	1,274
Communication expenses	145	136	109	400	331	449
Consultancy and professional charges	165	165	213	505	566	779
Depreciation and amortisation expenses	433	424	369	1,257	1,040	1,459
Other expenses	838	787	649	2,450	1,804	2,511
Total expenses	12,939	13,001	11,943	38,675	34,491	46,821
Profit before non-controlling interests / share in net profit / (loss) of associate	5,154	5,069	4,761	15,022	13,751	18,743
Share in net profit/(loss) of associate	–	(3)	–	(5)	(2)	(3)
Profit before tax	5,154	5,066	4,761	15,017	13,749	18,740
Tax expense:
Current tax	1,468	1,469	1,319	4,404	3,892	5,318
Deferred tax	(22)	(9)	(23)	(136)	(35)	(67)
Profit for the period	3,708	3,606	3,465	10,749	9,892	13,489
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
Remeasurement of the net defined benefit liability/asset	(8)	(40)	5	(65)	(9)	(12)
Equity instruments through other comprehensive income	–	–	–	–	–	–
	(8)	(40)	5	(65)	(9)	(12)
Items that will be reclassified subsequently to profit or loss
Fair value changes on cash flow hedges, net	26	2	1	28	1	–
Exchange differences on translation of foreign operations	(47)	(51)	1	(60)	207	303
	(21)	(49)	2	(32)	208	303
Total other comprehensive income, net of tax	(29)	(89)	7	(97)	199	291
Total comprehensive income for the period	3,679	3,517	3,472	10,652	10,091	13,780
Paid up share capital (par value 5/- each, fully paid)	1,144	1,144	1,144	1,144	1,144	1,144
Other equity	60,600	60,600	54,198	60,600	54,198	60,600
Earnings per equity share (par value 5/- each)
Basic ()	16.22	15.77	15.16	47.03	43.28	59.02
Diluted ()	16.22	15.77	15.16	47.02	43.28	59.02

Notes:

1.	The audited consolidated financial statements for the quarter and nine months ended December 31, 2016 have been taken on record by the Board of Directors at its meeting held on January 13, 2017. The statutory auditors have expressed an unqualified audit opinion. The information presented above is extracted from the audited consolidated financial statements. The consolidated financial statements are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.
2.	The Group has adopted all the Ind-AS on April 1, 2016, with the transition date as April 1, 2015, and the adoption was carried out in accordance with Ind-AS 101-First time adoption of Indian Accounting Standards. The transition was carried out from Indian Accounting Principles generally accepted in India as prescribed under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 (IGAAP), which was the previous GAAP.
3.	Change of Auditors on account of mandatory rotation requirement in India

Under Section 139 of the Indian Companies Act, 2013 and the Rules made thereunder, it is mandatory for Infosys Limited (‘the Company’) to rotate the current statutory auditors on completion of the maximum term permitted under the said Section. Therefore, the Audit Committee of Infosys Limited has proposed and on January 13, 2017, the Board of Directors of the Company have recommended, the appointment of Deloitte Haskins & Sells, LLP, Chartered Accountants (Firm Registration No. 117366 W/W 100018) (Deloitte) as the statutory auditors of the Company. Deloitte will hold office for a period of 5 (five) consecutive years from the conclusion of the 36th Annual General Meeting of the Company scheduled to be held in the year 2017 till the conclusion of the 41st Annual General Meeting to be held in the year 2022, subject to the approval of shareholders of the Company. The first year of audit will be of the financial statements for the year ending March 31, 2018 which will include audit of the quarterly financial statements for the year.

To align with the above, the Board of Directors of the Company also approved the appointment of Deloitte as the independent registered public accounting firm of the Company. This appointment is effective year ending March 31, 2018. As the independent registered public accounting firm, Deloitte will audit the annual financial statements of the Company to be included in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”). KPMG will continue as the Company’s independent registered public accounting firm through the completion of the audit for the year ending March 31, 2017 and for the purpose of filing such audited financial statements in the Form 20-F for the year ending March 31, 2017.

In addition, in accordance with disclosure requirements under SEC regulations, the following may be noted:

·	During the two fiscal years ended March 31, 2016 and March 31, 2015, KPMG has not issued any report on the financial statements that contained an adverse opinion or disclaimer of opinion, nor were the reports of KPMG qualified or modified in any manner.
·	During the two fiscal years ended March 31, 2016 and March 31, 2015 and the subsequent interim period preceding January 13, 2017, there is no disagreement with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, or any reportable event as described in Item 16F(a)(1)(v) of Form 20-F.
·	During the two fiscal years ended March 31, 2016 and March 31, 2015 and the subsequent interim period preceding January 13, 2017, we have not consulted with Deloitte for any matters regarding either
	(i)	the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the consolidated financial statements of Infosys Limited; or
	(ii)	any matter that was the subject of a disagreement as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions to this Item or a “reportable event” as described in Item 16F (a)(1)(v) of Form 20-F.

4. Management change

The Company has appointed Ravikumar S as Deputy Chief Operating Officer reporting to U. B. Pravin Rao with immediate effect. In addition to his current responsibility of heading the global delivery organization, Ravikumar S will oversee certain business enabling functions.

5. Information on dividends for the quarter and nine months ended December 31, 2016

An interim dividend of 11/- (par value 5/- each) per equity share was declared on October 14, 2016 and paid on October 26, 2016. The interim dividend declared in the previous year was 10/- per equity share.

(in )

Particulars	Quarter ended December 31,	Quarter ended September 30,	Quarter ended December 31,	Nine months ended December 31,		Year ended March 31,
	2016	2016	2015	2016	2015	2016
Dividend per share (par value 5/- each)
Interim dividend	–	11.00	–	11.00	10.00	10.00
Final dividend	–	–	–	–	–	14.25

6. Reconciliation of the Consolidated Statement of Profit and Loss as previously reported under IGAAP to Ind-AS

 (in crore)

Particulars	Note	Quarter ended December 31, 2015
		IGAAP	Effects of transition to Ind- AS	Ind-AS
Revenue from operations		15,902	–	15,902
Other income, net		802	–	802
Total income		16,704	–	16,704
Expenses
Employee benefit expenses	1.1	8,764	8	8,772
Deferred consideration pertaining to acquisition	1.2	18	7	25
Cost of technical sub-contractors		998	–	998
Travel expenses		530	–	530
Cost of software packages and others		278	–	278
Communication expenses		109	–	109
Consultancy and professional charges		213	–	213
Depreciation and amortisation expenses	1.3	316	53	369
Other expenses	1.2	644	5	649
Total expenses		11,870	73	11,943
Profit before non-controlling interest/ share in profit/(loss) of associate		4,834	(73)	4,761
Share in net profit/(loss) of associate		–	–	–
Profit before tax		4,834	(73)	4,761
Tax expense
Current tax	1.4	1,322	(3)	1,319
Deferred tax	1.5	(8)	(15)	(23)
Profit for the period		3,520	(55)	3,465
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss
Remeasurement of the net defined benefit liability/asset	1.1	–	5	5
Equity instruments through other comprehensive income		–	–	–
		–	5	5
Items that will be reclassified subsequently to profit or loss
Fair Value changes on cash flow hedges, net		1	–	1
Exchange differences on translation of foreign operations	1.6	(8)	9	1
		(7)	9	2
Total other comprehensive income, net of tax		(7)	14	7
Total comprehensive income for the period		3,513	(41)	3,472

This reconciliation statement has been provided in accordance with circular CIR/CFD/FAC/62/2016 issued by SEBI dated July 05, 2016 on account of implementation of Ind-AS by listed companies.

Explanations for reconciliation of Consolidated Statement of Profit and Loss as previously reported under IGAAP to Ind-AS

1.1	a.	As per Ind-AS 19 Employee benefits, actuarial gains and losses are recognized in other comprehensive income and not reclassified to profit and loss in a subsequent period.
	b.	Adjustments reflect unamortized negative past service cost arising on modification of the gratuity plan in an earlier period. Ind-AS 19 requires such gains and losses to be adjusted to retained earnings.
1.2	Adjustments reflect the impact of discounting pertaining to deferred and contingent consideration payable for business combinations.
1.3	Adjustment reflects the impact of amortization of intangible assets included within goodwill under the IGAAP, separately recognized under Ind-AS.
1.4	Tax component on actuarial gains and losses which was transferred to other comprehensive income under Ind-AS.
1.5	The reduction in deferred tax expense is on account of the reversal of deferred tax liabilities recorded on intangible assets acquired in business combination.
1.6	Under Ind-AS, exchange differences on translation of foreign operations are recorded in other comprehensive income.

7. Audited financial results of Infosys Limited (Standalone Information)

(in crore)

Particulars	Quarter ended December 31,	Quarter ended September 30,	Quarter ended December 31,	Nine months ended December 31,		Year ended March 31,
	2016	2016	2015	2016	2015	2016
Revenue from operations	14,949	15,000	13,562	44,369	39,825	53,983
Profit before tax	4,883	4,812	4,353	14,155	12,896	17,600
Profit for the period	3,599	3,476	3,163	10,255	9,302	12,693

Note: The audited results of Infosys Limited for the above mentioned periods are available on our website, www.infosys.com and on the Stock exchange websites www.nseindia.com and www.bseindia.com. The information above has been extracted from the audited standalone financial statements as stated.

8. Segment reporting (Consolidated - Audited)

(in crore)

Particulars	Quarter ended December 31,	Quarter ended September 30,	Quarter ended December 31,	Nine months ended December 31,		Year ended March 31,
	2016	2016	2015	2016	2015	2016
Revenue by business segment
Financial Services (FS)	4,663	4,686	4,377	13,900	12,502	17,024
Manufacturing (MFG)	1,893	1,853	1,756	5,589	5,200	6,948
Energy & utilities, Communication and Services (ECS)	3,885	3,864	3,410	11,468	9,912	13,547
Retail, Consumer packaged goods and Logistics (RCL)	2,821	2,833	2,576	8,515	7,499	10,226
Life Sciences, Healthcare and Insurance (HILIFE)	2,196	2,089	2,102	6,289	6,007	8,090
Hi-Tech	1,250	1,339	1,198	3,911	3,564	4,891
All other segments	565	646	483	1,692	1,207	1,715
Total	17,273	17,310	15,902	51,364	45,891	62,441
Less: Inter-segment revenue	–	–	–	–	–	–
Net revenue from operations	17,273	17,310	15,902	51,364	45,891	62,441
Segment profit before tax, depreciation and non-controlling interests:
Financial Services (FS)	1,320	1,295	1,250	3,881	3,590	4,839
Manufacturing (MFG)	455	469	425	1,376	1,135	1,560
Energy & utilities, Communication and Services (ECS)	1,123	1,122	969	3,311	2,920	4,029
Retail, Consumer packaged goods and Logistics (RCL)	837	826	699	2,466	2,073	2,840
Life Sciences, Healthcare and Insurance (HILIFE)	632	558	581	1,712	1,638	2,265
Hi-Tech	324	342	314	986	937	1,301
All other segments	78	123	95	221	156	259
Total	4,769	4,735	4,333	13,953	12,449	17,093
Less: Other unallocable expenditure	435	426	374	1,264	1,049	1,473
Add: Unallocable other income	820	760	802	2,333	2,351	3,123
Add: Share in net profit/(loss) of associate	–	(3)	–	(5)	(2)	(3)
Profit before tax and non-controlling interests	5,154	5,066	4,761	15,017	13,749	18,740

Notes on segment information

Business segments

Based on the "management approach" as defined in Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Company's performance and allocates resources based on an analysis of various performance indicators by business segments. Accordingly, information has been presented along these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.

Segmental capital employed

Assets and liabilities used in the Company's business are not identified to any of the reportable segments, as these are used interchangeably between segments. The Management believes that it is not practicable to provide segment disclosures relating to total assets and liabilities since a meaningful segregation of the available data is onerous.

	By order of the Board
	for Infosys Limited
Bangalore, India	Dr. Vishal Sikka
January 13, 2017	Chief Executive Officer and Managing Director

The Board has also taken on record the unaudited condensed consolidated results of Infosys Limited and its subsidiaries for the quarter and nine months ended December 31, 2016, prepared as per International Financial Reporting Standards (IFRS) and reported in US dollars. A summary of the financial statements is as follows:

(in US$ million, except per equity share data)

Particulars	Quarter ended December 31,	Quarter ended September 30,	Quarter ended December 31,	Nine months ended December 31,		Year ended March 31,
	2016	2016	2015	2016	2015	2016
Revenues	2,551	2,587	2,407	7,639	7,055	9,501
Cost of sales	1,601	1,638	1,512	4,832	4,435	5,950
Gross profit	950	949	895	2,807	2,620	3,551
Net profit	547	539	524	1,597	1,519	2,052
Earnings per equity share
Basic	0.24	0.24	0.23	0.70	0.66	0.90
Diluted	0.24	0.24	0.23	0.70	0.66	0.90
Total assets	11,870	11,875	10,771	11,870	10,771	11,378
Cash and cash equivalents including current investments	4,487	5,086	4,523	4,487	4,523	4,946

Certain statements in these results concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, an inability to accurately predict economic or industry trends, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2016. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that the date of this result is January 13, 2017, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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 unless it is required by law.