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HCL Tech net profit up 49.1 percent
Monday, 26 January 2009, 18:42 IST
New Delhi: Software and outsourcing major HCL Technologies Friday reported 49.1 percent growth in its net profit for the quarter ended Dec 31 at 
3.98 billion (398 crore/$80.7 million) as against 2.67 billion a year ago.
The company's net profit for the half-year period ended Dec 31 was up 22.7 percent at RS.65.18 billion as against 53.11 billion in the corresponding period last year.
The company's total income during the October-December period rose to 13.05 billion from 11.3 billion a year ago.
"The last quarter has been significant for us. First, HCL has inked contracts worth $1 billion in the last quarter, the biggest in its history. We have successfully integrated Axon as part of HCL," company Chief Executive Vineet Nayar said.
The company also declared a dividend of 2 per equity share.
Source: IANS
3.98 billion (398 crore/$80.7 million) as against 2.67 billion a year ago.
The company's net profit for the half-year period ended Dec 31 was up 22.7 percent at RS.65.18 billion as against 53.11 billion in the corresponding period last year.
The company's total income during the October-December period rose to 13.05 billion from 11.3 billion a year ago.
"The last quarter has been significant for us. First, HCL has inked contracts worth $1 billion in the last quarter, the biggest in its history. We have successfully integrated Axon as part of HCL," company Chief Executive Vineet Nayar said.
The company also declared a dividend of 2 per equity share.
Source: IANS