Infosys net up 9.4 percent in fiscal 2015-16

Bengaluru, April 15 (IANS) Infosys Ltd posted consolidated net profit of Rs.13,491 crore for the just-concluded fiscal 2015-16, registering 9.4 percent year-on-year (YoY) growth, as per the Indian accounting standard.

In a regulatory filing on Friday to the stock exchange BSE, the IT bellwether said consolidated revenue for the fiscal under review (FY 2016) grew 17.1 percent to Rs.62,441 crore.

Under the International Financial Reporting Standard (IFRS), net income for fiscal 2016 is up 1.9 percent YoY to $2,052 million ($2.1 billion) and consolidated revenue increased 9.1 percent YoY to $9,501 million ($9.1 billion).

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