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HCL Tech Q4 net up 23% at Rs 238 cr

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Press Trust of India Mumbai

IT services giant HCL Technologies Ltd today posted a growth of 23.26 per cent in its standalone net profit at Rs 237.82 crore, for the quarter ended June 30.

HCL Technologies had a net profit of Rs 192.94 crore in the same period previous year, the company said in a filing to the Bombay Stock Exchange.

The IT major's total income rose to Rs 1,330.61 crore in standalone, from Rs 1,145.54 crore in the same period last year.

For the year ended June 30, the company reported a decline of 4.58 per cent in its consolidated net profit at Rs 1,259.19 crore.

 

It had a net profit of Rs 1,319.63 crore in the same period a year-ago.

The total income of the IT firm increased to Rs 12,136.29 crore for the year ended June 30, as against Rs 10,229.41 crore in the same period year earlier, the filing added.

The board of directors of the company has recommended a final dividend of Rs 1 per equity share on the face value of Rs 2 each to the shareholders.

Shares of HCL Technologies surged 6.2 per cent to touch a month high of Rs 396 on the BSE in the early trade.

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First Published: Jul 29 2010 | 8:23 AM IST

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