Infosys net up 28.5 percent for fiscal 2009

Bangalore, April 15 (Inditop) Infosys Technologies Ltd posted a consolidated net profit of Rs.59.88 billion (Rs.5,988 crore) for fiscal 2008-09, registering 28.5 percent year-on-year (YoY) growth as per the Indian accounting standard.

In a regulatory filing Wednesday, the IT bellwether said consolidated income for the fiscal year under review (FY 2009) was Rs.216.93 billion (Rs.21,693 crore), posting 30 percent YoY growth under the Indian accounting standard.

Under the International Financial Reporting Standard (IFRS), consolidated net income for the fiscal rose to $1.28 billion, a modest growth of 10 percent YoY and consolidated gross income to $4.7 billion, a growth of 12 percent YoY.