HCL Technologies Q3 FY10-11 Results : Net profit up 33%

by khalid on 20/04/2011 · 0 comments

IT firm HCL Technologies Limited has posted a net profit for the period Q3 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose 33% to Rs 468.2 crores in comparison to the Rs 350.3 crores of Q3 (ending Mar 10) of previous year(FY09-10). India’s fourth largest IT services exporter HCL Technologies offers various services like application development, outsourcing software. During the quarter, it added net of 2,049 employees taking total headcount to 72,267.

The company informed the share market (BSE/NSE) that the net sales/total income increased 31.5 % to Rs 4138.2 crores in Q3 FY10-11 when compared with the same quarter Q3 FY09-10 of previous year. Total Income was Rs 3132.1 crores in last year’s quarter.

The company has reported an EPS of Rs.27.3 for the quarter ended 31st March 2011 as compared to Rs.20.8 for the quarter ended 31st March 2010.

During the quarter, HCL Technologies added 7,534 people (gross) and 1,153 employees (net). HCL has signed 11 deals this quarter across service lines, verticals and geographies and eight of these deals are from existing customers.

Share’s Data :-
BSE Code : 532281
Mkt. Cap: Rs 34,822.08 Crores
HCL Technologies Ltd. share’s CMP is Rs 508.40 on 20th Apr 2011.

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