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HCL Techonologies Quarterly Results 2010-11

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 70,218 in the 8th row transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.9 billion (Rs. 13,145 crores), as on 30th September 2010.

Financial Highlights

Highlights for the Quarter (US$)

  • Revenue at US$ 804 mn; up 27.6% YoY & 9.0% sequentially
  • Revenue on constant currency basis up 28.5% YoY & 7.4% sequentially
  • EBIT at US$ 104 mn; lower by 8.8% YoY
  • Net Income at US$ 72 mn; up 7.9% YoY
  • Announces dividend of Rs. 1.50 per share, 31st consecutive quarter of dividend payout. 50% Increase in dividend per share
  • Gross & Net Employee addition of 11,785 & 5,661 respectively taking total headcount to 70,218

http://www.hcl.in/files/Q1_FY-10-11.pdf

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Categories: News | Vendors
Posted by Guru's Pick on Thursday, January 06, 2011 4:43 PM
     
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