Thursday 17 January, 2008

HCL Tech Q2 net profit at Rs 266.9 cr

HCL Technologies has announced its second quarter numbers. It has posted standalone net profit at Rs 266.9 crore for the quarter ended December 2007 as against Rs 264.2 crore in previous quarter. Standalone net sales increased to Rs 1,129 crore from Rs 1,103 crore.

Consolidated revenues went up at Rs 1,816 crore as against Rs 1709 crore and net profit at Rs 332.9 crore from Rs 285.6 crore.

Net profit margin declined to 23.64% from 27.24% and net sales increased to Rs 1,129 crore from Rs 977 crore (YoY).

(U.S. GAAP) - Consolidated revenues stood at USD 461 million versus USD 429 million and net profit at USD 84.5 million as against USD 77.4 million. Consolidated EBITDA was at USD 98.6 million and Forex gains stood at USD 1.5 million.



The company added 2312 employees.

Result (Rs cr) Dec-07 Sep-07 Jun-07 Mar-06 Dec-06
Net Sales / Interest Earned / Operating Income 1129 1103 941 959 977
Other Income 56 43 298 64 47
Total Income 1185 1146 1239 1023 1023
Expenditure -847 -816 -738 -727 -704
Operating Profit 338 330 501 296 319
Interest -6 -4 -3 -3 -4
Profit Before Depreciation and Tax 332 326 498 294 315
Depreciation -53 -50 -50 -46 -44
Profit before Tax 280 276 448 247 271
Tax -13 -12 -57 -9 -5
Net Profit 267 264 391 239 266
Equity Capital 133 133 133 133 65