HCL Technologies profit dips 3.92 percent

Thursday, 16 October 2008, 23:45 IST
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New Delhi: IT services provider HCL Technologies Wednesday said its net profit dipped 3.92 percent to 2.5 billion during the July-September quarter, compared to 2.64 billion in the same period last year. The total income, however, zoomed 6.94 percent to 12.25 billion in the quarter under review from 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.
Source: IANS