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HCL Technologies reports 28% fall in Q4 net profit

03 Aug 2015 Evaluate

HCL Technologies has reported result for the fourth quarter and year ended June 30, 2015.

The company has posted a fall of 27.64% in its net profit at Rs 1435.17 crore for the quarter ended June 30, 2015 as compared to Rs 1983.24 crore for the same quarter in the previous year. Total income of the company has decreased by 6.72% at Rs 4670.11 crore for quarter under review as compared to Rs 5006.71 crore for the quarter ended June 30, 2014.

For the year ended June 30, 2015, the company has posted a rise of 6.04% in its net profit at Rs 6345.95 crore as compared to Rs 5984.62 crore for the same period in the previous year. Total income of the company has increased by 6.25% at Rs 18228.18 crore for year under review as compared to Rs 17156.49 crore for the period ended June 30, 2014.

For the year ended June 30, 2015, on the consolidated basis, the company has posted a rise of 12.41% in its net profit at Rs 7317.07 crore as compared to Rs 6509.51 crore for the same period in the previous year. Total income of company has increased by 15.07% at Rs 37767.21 crore for year under review as compared to Rs 32821.06 crore for the period ended June 30, 2014.

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