Q3 show: HCL posts PAT at Rs 331.8 cr
HCL Tech has declared 100% dividend on equity shares with face value of Rs 2 each.
By INDIATIMES NEWS NETWORK |
| Highlights: HCL Tech Q3 net up 15.7% PAT pegged at Rs 331.8 cr HCL adds 1832 employees Q3 HCL Tech buys 26 new clients EBITA margin up 23.3% ADVERTISEMENT Q3 revenue up 7.6% at Rs 1777 cr IT services revenue in Q3: $312.7 mn BPO services revenue in Q3: $47.9 mn Forex gain during the quarter: $9.63 mn ADVERTISEMENT Core software services revenue up 8%, $262.4 mn |
NEW DELHI: HCL Technologies Ltd has joined the big league Infosys and TCS to drive home the point that US companies spending on outsourcing the technology requirment continues to be robust.
HCL Tech posted a net profit of Rs 2385.90 million for the quarter ended March 31, 2007 where as the same was at Rs 1347.60 million for the previous-quarter. Total Income (net of excise) stands at Rs 10233.70 million for the quarter ended March 31, 2007 where as the same was at Rs 7297.20 million for the quarter ended March 31, 2006.
The group has posted a net income of $76.2 million for the quarter ended March 31, 2007. Total revenues is $362.4 million for the quarter ended March 31, 2007 as against $251.5 million in the same period during previous financial year.
An amalgamation scheme involving DSL Software Ltd, Shipara Technologies Ltd, HCL Technologies BPO Services Ltd, HCL Technologies (Mumbai) Ltd, Aquila Technologies Ltd and HCL Enterprise Solutions (India) Ltd, all wholly owned subsidiaries with the flagship company has been cleared by the HCL Tech board.
The scheme was earlier approved by Delhi and Karnataka High Courts in 2005. The amalgamation will be operative retrospectively from April 01, 2005.
HCL Tech posted a net profit of Rs 2385.90 million for the quarter ended March 31, 2007 where as the same was at Rs 1347.60 million for the previous-quarter. Total Income (net of excise) stands at Rs 10233.70 million for the quarter ended March 31, 2007 where as the same was at Rs 7297.20 million for the quarter ended March 31, 2006.
The group has posted a net income of $76.2 million for the quarter ended March 31, 2007. Total revenues is $362.4 million for the quarter ended March 31, 2007 as against $251.5 million in the same period during previous financial year.
An amalgamation scheme involving DSL Software Ltd, Shipara Technologies Ltd, HCL Technologies BPO Services Ltd, HCL Technologies (Mumbai) Ltd, Aquila Technologies Ltd and HCL Enterprise Solutions (India) Ltd, all wholly owned subsidiaries with the flagship company has been cleared by the HCL Tech board.
The scheme was earlier approved by Delhi and Karnataka High Courts in 2005. The amalgamation will be operative retrospectively from April 01, 2005.
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