HCL Technologies Ltd.

BSE: 532281 | NSE: HCLTECH
Large Cap | IT - Software
1698.90
30.30 (1.82%)
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HCL Technologies reports 73% rise in December quarter profit

Date: 17-01-2012

HCL Technologies announced the results for the quarter ended December 31, 2011

The Company has posted a net profit of Rs 493.97 crore for the quarter ended December 31, 2011, up by 72.73% as compared to Rs 285.97 crore for the quarter ended December 31, 2010. Total Income of the company increased by 31.34% to Rs 2216.53 crore from Rs 1687.59 crore in the corresponding previous quarter.

On Consolidated basis as per US GAAP, the Group posted a net income of $111.60 million for the quarter ended December 31, 2011, up by 25.68% as compared to $88.80 million for the quarter ended December 31, 2010. Revenues increased by 18.26% to $1021.90 million from $864.10 million in the same quarter last year.

The company has announced dividend of Rs 2 per share, its 36th consecutive quarter of dividend payout.