growth vindicates HCL's emphasis on large multi- service deals which are
starting to pay off." HCL had recently entered into a 70 million dollar
multi-service outsourcing deal with supplier of automatic test equipment
Teradyne and another multi-million deal with global supplier of end-to-end
solutions of wireless communications networks.
Nadar said the company's growth is broad based and has emerged from HCL's
wide range of service. "HCL's talent base, strong multi-service positioning
with customers and our investments in creating future momentum better for
the year ahead," he added. The overall core software and infrastructure
services rose by 11 per cent sequentially and the revenue growth in the
quarter was at 43 per cent year-on-year. The infrastructure and core
software unit added 446 and 1,611people respectively in the first quarter.
operations and the company won its first major client in legal process
outsourcing from a UK-based property services conglomerate. The BPO added
1,769 people in the quarter taking the total number to 11,000, HCL BPO Head
Ranjit Narasimhan said.
The company also declared an interim dividend of 200 per cent, that is Rs 4
per share on shares of Rs 2 each. The company also said that the results of
the first quarter of the current fiscal are not comparable to those of
previous year as they include results of six subsidiaries - DSL Software
Ltd, Shipara Technologies Ltd, HCL Technologies BPO Services Ltd, HCL
Technologies (Mumbai) Ltd, Aquila Technologies Ltd and HCL Enterprise
Solutions (India) Ltd, which were amalgamated with the company last year.