HCL Technologies profit dips 3.92 percent

By IANS,

New Delhi : IT services provider HCL Technologies Ltd Wednesday said its net profit dipped 3.92 percent to Rs.2.5 billion during the July-September quarter, compared to Rs.2.64 billion in the same period last year.


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The total income, however, zoomed 6.94 percent to Rs.12.25 billion in the quarter under review from Rs.11.46 billion of the year-ago period, a company statement said.

HCL’s net income dipped 1.9 percent to $75.9 million from $77.4 million.

The total revenue surged 17.6 percent to $504.7 million in the second quarter from $429 million.

HCL signed eight new deals worth $270 million and added 29 new clients during the quarter.

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