Infosys awaits nod for 224 patent applications in India, US

IT behemoth Infosys Technologies today said it is awaiting approvals for 224 patent applications in India and in the US.

Infosys applied for eight patent applications in India and the US during the fourth quarter of 2009-10, the nation's second largest software exporter said in a statement.

"With this (after 8 fresh patent applications in March quarter), Infosys has an aggregate of 224 patent applications (pending) in India and the US and has been granted nine patents by the US Patent and Trademark Office," it said.

"Our intellectual property-based solutions continue to benefit clients," IT major said.

The company also said that it is designing and implementing a research informatics system at a leading biotechnology company to accelerate discovery research. It, however, did not disclose the identity of the biotech firm.

Infosys today reported a 0.25 per cent rise in consolidated net profit at Rs 1,617 crore for the quarter ended March 31, 2010, as per the Indian accounting rule.

For the financial year 2009-10, it reported a 4.64 per cent growth in net profit at Rs 6,266 crore.