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HCL Technologies reports 14.8 per cent rise in net profit during quarter ended June 2016

August 03, 2016
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HCL Technologies has reported a 14.8 per cent year-on-year increase in its net profit, which increased from Rs 17.83 billion during quarter ended June 2015 to Rs 20.47 billion in the corresponding quarter in 2016. This was on the back of 15.9 per cent increase in the company’s revenues which grew from Rs 97.7 billion to Rs 113.3 billion during the same period.

Meanwhile, the company signed 13 key deals during the quarter across its various service lines and industry verticals. During 2016-17, the company is targeting a revenue growth of 12-14 per cent without currency fluctuations.

 
 
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