Exhibit 99.2
IFRS INR Press Release

Second consecutive quarter of double digit growth in constant currency

Bengaluru, India – April 12,2019

“We have completed the first year of our transformation journey with strong results on multiple dimensions including revenue growth, performance of our digital portfolio, large deal wins, and client metrics. This is a reflection of our increased client relevance stemming from our focus on digital, positioning, and long-standing client relationships”, said Salil Parekh, CEO and MD. “Our planned investments have started yielding benefits. As we look ahead into fiscal 2020, we plan to deploy various measures of operational efficiencies across the business.”

 

· FY 19 revenues grew by 17.2% in INR; 9.0% in constant currency

· FY 19 operating margin at 22.8%

· Q4 19 revenues grew year-on-year by 19.1% in INR; 11.7% in constant currency

· Q4 19 revenues grew sequentially by 0.6% in INR; 2.1% in constant currency

· Q4 19 Digital revenues at $1,035 million (33.8% of total revenues), year-on-year growth of 41.1% and sequential growth of 9.7% in constant currency

· Announces final dividend of 10.50 per share

· FY 20 revenue guidance in the range of 7.5%-9.5% in constant currency

· FY 20 Operating margin guidance in the range of 21%-23%

1. FinancialHighlights- ConsolidatedresultsunderInternationalFinancialReportingStandards(IFRS)

For the Quarter ended March 31, 2019 Revenues were 21,539 crore, growth of 19.1% YoY and 0.6% QoQ   Operating profit was 4,618 crore, growth of 3.3% YoY and decline of 4.4% QoQ^#   Basic EPS was 9.37, growth of 10.4% YoY and 12.9% QoQ For the Year ended March 31, 2019 Revenues were 82,675 crore, growth of 17.2% YoY   Operating profit was 18,880 crore, growth of 10.1% YoY Basic EPS was 35.44, decline of 0.3% YoY*^@

^# Includes additional depreciation and amortization expenses of 88 crore for Panaya and Skava for the quarter ended December 31, 2018

* Includes reduction in fair value and carrying value of Panaya and Skava, respectively which resulted in reduction in EPS by 1.66

^@ Includes impact on account of conclusion of an APA with the US IRS which has led to an increase in EPS of 2.94 for the year ended March 31, 2018.

“We had another quarter of over $1.5 bn large deal TCV in Q4, as a result of which FY 19 TCV doubled over FY 18. Realization per billed employee was steady which reflects increasing usage of automation in core services and faster growth in newer digital services”, said Pravin Rao, COO. “Overall attrition remains high and we are continuing our focus on arresting the same.”

“Cash generation in FY 19 was strong and Dividend Per Share increased by 4.5%. During the quarter, we completed the payout of special dividend in January and initiated the share buyback program,” said Nilanjan Roy, CFO. “We had another quarter of forex gains thanks to our proactive hedging strategy.”

2. Capital Allocation

· During Q4 19, completed payment of special dividend of 4 per share announced in January, 2019.

· Initiated buyback from March 20, 2019 after receiving all requisite approvals. Out of total buyback size of 8,260 crore, the company has bought back shares worth 1,546 crore so far.

·	For the Financial Year 2019, the Board has recommended a final dividend of 10.50 per share ($0.15 per ADR*). After including the interim dividend of 7 per share, the total dividend for Financial Year 2019 will amount to 17.50 per share.
*	US$1 = 69.16 as at March 31, 2019

3. Client wins & Testimonials

·	Siemens Gamesa Renewable Energy (SGRE), a world leader and a pioneer in the renewable energy industry, has signed a seven-year global partnership with Infosys to enable an end-to-end IT Transformation program towards a digital future and industry leadership.
	Alan Feeley, SGRE CIO, said, “Infrastructure & applications outsourcing deals are the norm in our business worlds already today. When considering our (SGRE) desired IT operating model for the future, we were looking for a partner that brings a careful balance of innovation, operational excellence and sustainable commercial viability. With Infosys, we are very confident that these attributes were at the core of their operating culture. We are very excited to partner with Infosys on this journey of modernization and were impressed by Infosys Next Generation Application & Infrastructure Management Framework, their agility & focus on delivery excellence, and a clear understanding of our business strategy.”
	With a vision to provide safe and reliable utility services and improve the customer service of about 800,000 people in the Indianapolis area, Citizens will transform its customer service by leveraging ‘Infosys Preconfigured Accelerator for Customer Experience (PACE)’, an industry leading framework tuned for Oracle Utilities Customer to Meter (C2M) platform.
	Curtis Popp, Vice President of Customer Operations at Citizens Energy Group, said, “At Citizens Energy Group, we’re excited to be working with Infosys and Oracle to implement a new CIS and accomplish our strategic goals, including improved customer satisfaction and employee engagement. The experience and expertise of Infosys employees is paramount to the success of this complex project.”
	Kraft Heinz has selected Infosys to deliver rich digital experience for their recipes and brands to their consumers.
	“Kraft Heinz has partnered with Infosys to launch new capabilities delivering rich consumer experience. We are becoming more relevant to our consumers by enabling capabilities like Shoppable Recipes, Rich Brand Experience, Personalized Recommendations, Seamless Social Media Integration. We are just getting started.,” said, Leandro Balbinot, CIO Global Digital Growth, Kraft Heinz Company.
	“Movement Mortgage is committed to providing loan officers, real estate agents and our borrowers with technology and a digital infrastructure that delivers an innovative, user-friendly experience on every platform and in every channel, both today and in the future. We’re pleased to have selected Infosys as our strategic partner across these key business functions. Infosys’ expertise in Digital Transformation, Cloud Technologies and Mortgage and Retail Lending will help Movement continue to spearhead industrywide transformation that improves the mortgage experience for everyone and makes the dream of homeownership more accessible than ever before,” said Casey Crawford, CEO, Movement Mortgage
	“In partnership with Infosys, we are modernizing our collection processes with real-time insights into delinquency rates, better risk segmentations and customized contact & calling strategies.” said Julie Signorille, Consumer Banking, Chief Operating Officer, Citizens Bank

Recognition:

· Infosys positioned in HFS Top 10 Healthcare Services 2019

· Infosys positioned as a leader in SAP HANA and S/4 HANA Services – NEAT 2019

· Infosys positioned as a leader in RPA & AI in Banking – NEAT 2019

· Infosys positioned in Customer Experience (CX) Shortlist (Constellation ShortList™ Global Customer Experience (CX) Services)

· Infosys positioned as a leader in Gartner’s Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide

· Infosys positioned as a leader in Advanced Digital Workplace Services – NEAT 2019

· Infosys Lex Wingspan shortlisted in Constellation ShortList™ Learning Marketplaces for Q1 2019

· Infosys positioned as a leader in IDC MarketScape: Worldwide IT Service Management Implementation Services 2019 Vendor Assessment

· Infosys positioned in HFS Top 10 High-tech sector service providers

· Infosys positioned in HFS Top 10 Microsoft AI Services 2019

· Infosys positioned in HFS Top 10 Enterprise Blockchain Services 2018

About Infosys

Infosys is a global leader in next-generation digital servicesandconsulting. We enable clients in 45 countries to navigatetheir digital transformation. With over three decades of experienceinmanaging the systems and workings of global enterprises,weexpertly steer our clients through their digital journey. We doitby enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empowerthe business with agile digital at scale to deliverunprecedentedlevels of performance and customer delight. Ouralways-on learning agenda drives their continuous improvementthroughbuilding and transferring digital skills, expertise, and ideasfrom our innovationecosystem.   Visitwww.infosys.com toseehowInfosys(NYSE:INFY)canhelpyourenterprisenavigateyournext.    

SafeHarbor

Certain statements mentioned in this release concerning our future growth prospects and our future business expectations are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such statements 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, 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, 2018. 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. 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	Sarah Vanita Gideon +91 80 4156 3998 Sarah_Gideon@infosys.com	Chiku Somaiya  +1 71367 06752 Chiku.Somaiya@infosys.com

Infosys Limited and subsidiaries

Audited Consolidated Balance Sheet as at

(In crore except share data)

	March 31, 2019	March 31, 2018
ASSETS
Current assets
Cash and cash equivalents	19,568	19,818
Current investments	6,627	6,407
Trade receivables	14,827	13,142
Unbilled revenue	5,374	4,261
Prepayments and other current assets	5,723	4,313
Income tax assets	423	–
Derivative financial instruments	336	16
	52,878	47,957
Assets held for sale(A3)(A4)	–	2,060
Total current assets	52,878	50,017
Non-current assets
Property, plant and equipment	13,356	12,143
Goodwill	3,540	2,211
Intangible assets	691	247
Investment in associate	–	–
Non-current investments	4,634	5,756
Deferred income tax assets	1,372	1,282
Income tax assets	6,320	6,070
Other non-current assets	1,947	2,164
Total non-current assets	31,860	29,873
Total assets	84,738	79,890
LIABILITIES AND EQUITY
Current liabilities
Trade payables	1,655	694
Derivative financial instruments	15	42
Current income tax liabilities	1,567	2,043
Client deposits	26	38
Unearned revenue	2,809	2,295
Employee benefit obligations	1,619	1,421
Provisions	576	492
Other current liabilities	10,371	6,756
	18,638	13,781
Liabilities directly associated with assets held for sale(A3)(A4)	–	324
Total current liabilities	18,638	14,105
Non-current liabilities
Deferred income tax liabilities	672	541
Employee benefit obligations	44	48
Other non-current liabilities	378	272
Total liabilities	19,732	14,966
Equity
Share capital- 5 par value 4,80,00,00,000 (2,40,00,00,000) equity shares authorized, issued and outstanding 4,33,59,54,462 (2,17,33,12,301), net of 2,03,24,982 (1,08,01,956) treasury shares, as at March 31, 2019 (March  31, 2018), respectively	2,170	1,088
Share premium	396	186
Retained earnings	58,848	61,241
Cash flow hedge reserves	21	–
Other reserves	2,570	1,583
Capital redemption reserve	61	56
Other components of equity	882	769
Total equity attributable to equity holders of the company	64,948	64,923
Non-controlling interests	58	1
Total equity	65,006	64,924
Total liabilities and equity	84,738	79,890

Infosys Limited and subsidiaries

Audited Consolidated Statement of Comprehensive Income for the

(In crore except equity share and per equity share data)

	Three months ended March 31, 2019	Three months ended March 31, 2018	Year ended March 31, 2019	Year ended March 31, 2018
Revenues	21,539	18,083	82,675	70,522
Cost of sales	14,283	11,554	53,867	45,130
Gross profit	7,256	6,529	28,808	25,392
Operating expenses
Selling and marketing expenses	1,226	947	4,473	3,560
Administrative expenses	1,412	1,110	5,455	4,684
Total operating expenses	2,638	2,057	9,928	8,244
Operating profit	4,618	4,472	18,880	17,148
Other income, net(B3)	665	652	2,882	3,311
Reduction in the fair value of Disposal Group held for sale (A3)	–	(118)	(270)	(118)
Adjustment in respect of excess of carrying amount over recoverable amount on reclassification from “Held from Sale”(A4)	–	–	(451)	–
Share in net profit/(loss) of associate, including impairment(A2)	–	–	–	(71)
Profit before income taxes	5,283	5,006	21,041	20,270
Income tax expense(A1)(B4)	1,205	1,316	5,631	4,241
Net profit	4,078	3,690	15,410	16,029
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss:
Re-measurement of the net defined benefit liability/asset, net	(3)	34	(22)	55
Equity instruments through other comprehensive income, net	1	9	70	7
Items that will be reclassified subsequently to profit or loss:
Fair value changes on derivatives designated as cash flow hedge, net	(15)	2	21	(39)
Exchange differences on translation of foreign operations	(70)	200	63	321
Fair value changes on investments, net	25	(15)	2	(1)
Total other comprehensive income/(loss), net of tax	(62)	230	134	343
Total comprehensive income	4,016	3,920	15,544	16,372
Profit attributable to:
Owners of the Company	4,074	3,690	15,404	16,029
Non-controlling interests	4	–	6	–
	4,078	3,690	15,410	16,029
Total comprehensive income attributable to:
Owners of the Company	4,012	3,920	15,538	16,372
Non-controlling interests	4	–	6	–
	4,016	3,920	15,544	16,372
Earnings per equity share(A1) (A5)
Basic ()	9.37	8.49	35.44	35.53
Diluted ()	9.36	8.48	35.38	35.50
Weighted average equity shares used in computing earnings per equity share(A5)
Basic	434,71,29,592	434,65,54,120	434,71,30,157	451,06,64,644
Diluted	435,30,23,863	434,96,17,024	435,34,20,722	451,51,47,740

NOTES:

A. Notes pertaining to previous quarters / periods

1. During the quarter ended December 31, 2017, on account of the conclusion of an Advance Pricing Agreement (“APA”) with the U.S. Internal Revenue Service (“IRS”), the Company has reversed income tax expense provision of 1,432 crore which pertains to previous periods.

2. During the year ended March 31, 2018, the Company has written down the entire carrying value of 71 crore in its associate DWA Nova LLC.

3. In the three months ended March 2018, Kallidus and Skava (together referred to as "Skava”) and Panaya, were classified as “Held for Sale” resulting in a reduction in the fair value amounting to 118 crore and 270 crore in respect of Panaya for the year ended March 31, 2018 and three months ended June 30, 2018, respectively.

4. During the three months ended December 31, 2018, the Company declassified Panaya and Skava from “Held for Sale” and recognized an adjustment in respect of excess of carrying amount over recoverable amount of 451 crores in respect of Skava during the year ended March 31, 2019.

5. Share numbers and EPS have been adjusted for September 2018 bonus issue.

B. Notes pertaining to the current quarter

1. The audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the three months and year ended March 31, 2019 have been taken on record at the Board meeting held on April 12, 2019.

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

3. Other income includes 51 crore for each of the quarter and year ended March 31, 2019, and 262 crore for the year ended March 31, 2018 towards interest on income tax refund.

4. During the quarter ended March 31, 2019, on account of the conclusion of an Advance Pricing Agreement (“APA”) in an overseas jurisdiction, the Company has reversed income tax expense provision of 94 crore which pertains to previous periods