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HCL Technologies' Q3 net up

Posted on Apr 17 2014 | IANS

New Delhi, April 17 : IT services exporter HCL Technologies posted 59 percent increase in net profit in the quarter ended March 31, a company statement said here Thursday.

The net profit stood at Rs.1,624 crore for the quarter ended March 31, 2014 compared to Rs.1,021 crore in the corresponding quarter of last fiscal (2012-13). The Noida-based company's financial year spans between July to June.

"We continue on our growth momentum with a strong revenue growth of 3 percent quarter-on-quarter along with 10th straight quarter of margin expansion," Anant Gupta, president and chief executive officer, HCL Technologies said.

"We continue on our journey of making significant investments in talent acquisition by on-boarding several senior leaders representing a mix of industry and skill profiles to exponentially multiply our capability in the emerging Digital Systems Integration space," he added.

The total employee count of the company March 31, 2014 was 90,190.

During the quarter, the company added two clients in USD 50 million and USD 30 million categories, the statement added.

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