Friday, 26 October 2007
HCL Reports Quarterly Revenues of USD 788 Million
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HCL Infosystems Ltd, has reported un-audited results for the quarter ended September 30, 2007. The company has reported consolidated revenue of Rs. 3130.4 crores (USD 788 Million*) during the quarter ended … |
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HCL Infosystems Ltd, has reported un-audited results for the quarter ended September 30, 2007. The company has reported consolidated revenue of Rs. 3130.4 crores (USD 788 Million*) during the quarter ended September 30, 2007 as against Rs. 2824.0 crores in the corresponding quarter of the previous year, a growth of 11%. Profit before tax for the quarter was Rs. 105.6 crores as against Rs. 93.5 crores in the corresponding quarter of the previous year, a growth of 13%. Profit after tax was Rs. 72.1 crores.
Revenue from the Computer Systems business was Rs. 764.6 crores as against Rs. 563.6 crores in the corresponding quarter of the previous year, a growth of 36%. Profit before interest and taxes was Rs. 51.9 crores as against Rs. 31.2 crores in the corresponding quarter of the previous year, a growth of 66%.
Revenue from the Telecommunication and Office Automation business was Rs. 2365.7 crores as against Rs. 2254.4 crores in the corresponding quarter of the previous year. Profit before interest and taxes was Rs. 66.9 crores as against Rs. 62.3 crores in the corresponding quarter of the previous year.
Consolidated EPS for the quarter was Rs. 4.3 per share.
Mr. Ajai Chowdhry, Chairman and CEO, HCL Infosystems Limited, commenting on the results said, “Our strong focus on system integration and digital lifestyle distribution businesses enabled us to deliver noteworthy results in our first quarter. Media and Entertainment emerged as a new thrust vertical within the System Integration business, while expansion in product portfolio as well as HCL Digilife chain of stores boosted our revenues from digital lifestyle distribution business. HCL further consolidated its training business by offering HCL training programs through tie-ups with leading colleges and universities across the country.”
- Conversion Rate of 39.72 on 23 Oct 2007.
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