Saturday, Sep 19 2020 | Time 00:53 Hrs(IST)
image
  • Canada shelves free trade negotiations with China
  • Flood stares at Nanded, Godavari filled up to brim
  • Turkish President Erdogan to visit Bangladesh early 2021 to join D-8 summit
  • Madrid region introduces new COVID-19 restrictions
  • Centre repatriates NATGRID Director Shiv Narayan to his cadre
  • US to shut down WeChat on September 20, gives TikTok until November 12
  • France reports new daily record of 13,215 COVID-19 infections
  • France reports new daily record of 13,215 COVID-19 infections
  • Freelance journalist arrested in Official Secrets Act case by Delhi Police
  • COVID-19: Bhujbal orders crowd-control measures, shop timings regulation in Trimbakeshwar, Igatpuri
Electronics & Gizmos » Software & Games Share

HCL net profit up 6 point 1 pc in Q1

HCL net profit up 6 point 1 pc in Q1

Noida, Jul 27 (UNI) Software services provider HCL Technologies today posted a rise of 6 point 1 per cent to 2171 crore in the quarter April-June, 2017 against the corresponding quarter last year. Noida-based technologies firm also reported a growth of 7.2 per cent in its total revenue at Rs 12,149 crore in the quarter under review. “We continue to propel forward on our Mode 1–2–3 growth strategy, delivering a revenue growth of 2.6 per cent QoQ and 12.2 per cent YoY in constant currency terms in Q1’FY18. This quarter, we also expanded our EBIT margins from 20 per cent to 20.1 per cent, through continued superior execution in our core business, integration and assimilation of the acquired entities, as well as our IP investments” said C Vijayakumar, President & CEO, HCL Technologies Ltd. As the societal structures, geo-political landscapes, demographic spread and economic forces undergo a constant change, HCL continues on its path of being a responsible and responsive leader. "Our unique business model comprising best–in–class digital technology services, robust products and platforms portfolio, with a focus on sustainability, diversity and inclusion, continues to redefine the way we create unmatched socio–economic value”, said Shiv Nadar, Chairman & Chief Strategy Officer, HCL Technologies Ltd. UNI ASH AD0905

image