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HCL Infosystems reports 57% fall in Q4 net profit

25 Apr 2012 Evaluate

HCL Infosystems has reported results for fourth quarter ended March 31, 2012

The company has posted a fall of 56.83% in its net profit at Rs 23.00 crore for the quarter ended March 31, 2012 as compared to Rs 53.28 crore for the same quarter in the previous year. Total income has decreased by 5.15% at Rs 2594.24 crore for quarter under review as compared to Rs 2735.16 crore for the quarter ended March 31, 2011.

On the consolidated basis, the company has posted a fall of 62.90% in its net profit at Rs 20.02 crore for the quarter ended March 31, 2012 as compared to Rs 53.96 crore for the same quarter in the previous year. Total income has decreased by 3.43% at Rs 2501.71 crore for quarter under review as compared to Rs 2590.65 crore for the quarter ended March 31, 2011.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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