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HCL Tech Q2 net at Rs 286cr, to pay Rs 4/shr

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Our Web Bureau Mumbai
HCL Tech Q2 net at Rs 286cr, to pay Rs 4/shr
Our Web Bureau / Mumbai January 15, 2007
HCL Technologies today reported a 14% increase in net profit at Rs 286 crore for the second quarter ended December 31, 2006 when compared with Rs 250 crore in the first quarter ended September 30, 2006.

Income moved up to Rs 1,465 crore from Rs 1,379 crore in Q1FY07.

The board today announced an interim dividend of 200% i.e Rs 4 per share of Rs 2 each.

New business contributed 12% of revenue in the quarter. The company added 1865 to the headcount, taking employee strength to 38,317 as on December 31, 2006.

"The transformation strategy that HCL has set in motion has delivered consistent growth in all key financial and operational metrics for the last several quarters. This not only validates our strategy but reaffirms our customers

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First Published: Jan 15 2007 | 6:23 PM IST

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