HCL Technologies reported the loss of Rs 13.5 crore in the first quarter of current financial year ended on June 30, 2008. During corresponding period last year, the company had reported the net profit of Rs. 3,912 crore.
However, revenues stood at Rs 2,168.8 crore, up by 34.5 per cent on year on year basis and sequentially by 11.5 per cent. The company reported the net earnings before the adjustment to gains or losses in foreign exchange at Rs 440.9 crore up by 88.6 per cent, compared to corresponding period of previous fiscal.
