HCL Tech Q4 revenues up 17.8%
Bangalore, July 29, DHNS:
HCL Technologies Limited, on Thursday, reported revenues of Rs 3,425 crore in the June 2010 (its Q4) quarter, a rise of 17.8 per cent Year on Year (Y-o-Y) and a sequential growth of 11.4 per cent for same quarter last year.
Net income stood at Rs 342 crore, up 3.7 per cent YoY and a decline of 0.6 per cent sequentially. For financial year 2009-10 ended on June 30 the revenue stood at Rs 12,565 crore registering a rise of 18.6 per cent Y-o-Y. The net income also witnessed a growth of 2 per cent Y-o-Y at Rs 1,303 crore. On a geographical basis US was major contributor of the revenue, contributing about 59 per cent of revenue while Europe contributed 27 per cent and Asia Pacific 13 per cent.
