HCL Technologies' Q4 results up 11.4 percent
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HCL Technologies' Q4 results up 11.4 percent

By SiliconIndia   |   Thursday, 29 July 2010, 10:36 Hrs   |    1 Comments
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HCL Technologies' Q4 results up 11.4 percent
Bangalore: HCL Technologies has announced its fourth quarter results and after that, its shares climbed in the market beating the expectations of analysts. The company's fourth-quarter revenue were up 11.4 percent at 34.25 billion while net income fell by 0.6 percent quarter-on-quarter to 3.42 billion. HCL technologies had a net profit of 23 percent for the April-June quarter at 2.38 billion. Its EBIT was up 5.5% percent sequentially at 5.25 billion.

For the year ended June 30, 2010, the company has recorded a two percent rise in net profit at 13.03 billion. Revenue increased 18.6 percent to 125.65 billion and EBIT for the year is up 11.6 percent at 20.72 billion.

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Reader's comments(1)
1: It's happy news for the management. Not for the employee.
Posted by:Gnanavel - 29 Jul, 2010