HCL Technologies, India’s fourth-largest software services exporter, has reported a 28% rise in quarterly net profit, beating expectations, after customers boosted orders to cut operational costs amid the global economic uncertainty.
Consolidated net profit for the fiscal third quarter ended March 31 rose to Rs 600 crore from Rs 468 crore a year earlier. Moreover, the company’s sales rose 26% to Rs 5,216 crore.
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO.
