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HCL Technologies profit dips 3.92 percent
By    IANS
Thursday, October 16, 2008
New Delhi: IT services provider HCL Technologies Wednesday said its net profit dipped 3.92 percent to Rs.2.5 billion during the July-September quarter, compared to Rs.2.64 billion in the same period last year.

The total income, however, zoomed 6.94 percent to Rs.12.25 billion in the quarter under review from Rs.11.46 billion of the year-ago period, a company statement said.


HCL's net income dipped 1.9 percent to $75.9 million from $77.4 million.

The total revenue surged 17.6 percent to $504.7 million in the second quarter from $429 million.

HCL signed eight new deals worth $270 million and added 29 new clients during the quarter.

     
   
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Reader's comments(1)
1 hmmm buying off company shares on one side and slashing profits on the other
side.. but i dnt think this would affct them..
Posted by: maria