The Noida-based firm, which posted a profit of Rs 1,021 crore in the January-March quarter of 2012-13, said in a statement that revenue from infrastructure services grew 31.5 per cent year-on-year. HCL Technologies follows a July-June financial year.
Revenue in the quarter increased 29.8 per cent to Rs 8,349 crore from Rs 6,430 crore a year earlier, beating market expectations.
HCL Technologies' results follow better-than-expected earnings from Tata Consultancy Services, the No 1 Indian IT services provider, and No 2 player Infosys.
"This has been a good quarter for us and the operating metrics are tracking well. We are increasing our relevance for the customer, cross-selling solutions. The bookings were over USD 1 billion," HCL Technologies President and Chief Executive Officer Anant Gupta told reporters.
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The application services business showed a robust performance, he added.
Though the company does not provide revenue forecasts, Gupta exuded confidence in aggressively winning deals, especially in the re-bid market.
"There is significant momentum in the re-bid market, it's a 120 billion opportunity. We are competing with large international firms and winning deals. In Q3 alone, we have signed 12 transformational deals. The deal pipeline continues to be robust and should give us good momentum," Gupta said.
IT-BPO industry body Nasscom has projected the sector's export revenue to grow 13-15 per cent in the current financial year.