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HCL Technologies reports 70% rise in Q3 net profit

17 Apr 2014 Evaluate

HCL Technologies has reported results for third quarter ended March 31, 2014

The company has posted a jump of 69.67% in its net profit at Rs 1412.54 crore for the quarter ended March 31, 2014 as compared to Rs 832.96 crore for the same quarter in the previous year. Total income from operations of the company has increased by 40.34% at Rs 4215.84 crore for quarter under review as compared to Rs 3004.06 crore for the quarter ended March 31, 2013.

On consolidated basis (as per US GAAP) , the company has reported 39.79% rise in its net income at $264.20 million for the quarter ended March 31, 2014 as compared to $189.00 million for the same quarter in the previous year. Total income from operations of the company has increased by 14.31% at $ 1361.20 million for quarter under review as compared to $1190.80 million for the quarter ended March 31, 2013.

Peers
Company Name CMP
TCS 2271.95
Infosys 1076.75
HCL Technologies 1263.45
Wipro 169.95
Tech Mahindra 1583.30
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