HCL Technologies revenues up 17.3 percent to Rs 6,944 crore in Q4

HCL Technologies Q4 revenues rose 17.3 percent to Rs 6,944.2 crore in the April-June quarter against Rs 5,919.1 in the same period previous year.

It posted 41.6 percent rise in net profit to Rs 1,209.6 crore for the fourth quarter ended June 30, 2013 against Rs 854.1 crore in the year-ago period.

HCL Technologies chairman and chief strategy officer Shiv Nadar said: “FY 2013 results have demonstrated significant business momentum, non- linearity and record customer satisfaction.”

India’s fourth largest software services exporter said its net profit rose 62.3 percent to Rs 4,098.9 crore for the full year ended June 30, 2013 from Rs 2,526 crore in previous fiscal.

Full year revenues rose 22.4 percent to Rs 25,733.7 crore from Rs 21,031.2 crore.

“An exceptional growth of 22 percent during the financial year has propelled HCL’s revenue past the Rs 25,000 crore milestone. HCL continues to lead the industry in profitable growth, with seven successive quarters of net income margin expansion, having reported 62 percent growth in net income this year,” said HCL Technologies president & CEO Anant Gupta.

HCL Technologies consolidated its leadership position in the Infrastructure Management Services and verticals like financial service and lifesciences & healthcare.

The total active clients of the software services firm stood at 549 as of June 30, 2013.

Its total headcount stood at 85,505 as on June 30, 2013.

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