HCL Technologies Profit up by 15 percent
Posted on: 05/Aug/2016 3:02:52 PM
HCL Technologies, one of the leading Information Technology Companies in the country, has earned a profit of Rs. 2047 Crores in the last quarter (April to June). This is 15 percent higher than the corresponding profit in the last year 1st quarter, which was Rs. 1783 Crores.
It is estimated that the growth in the current financial year would be 12 percent to 14 percent.
The revenue of the company increased by 16 percent and has touched Rs. 11336 Crores. The corresponding figure for the previous year was Rs. 9777 Crores.
HCL Technologies won the contract for a project from Volvo IT Services and earned US Dollars 4 Crores during the last financial year.The company has announced a dividend of Rs. 6/- per share.
