HCL Technologies profit dips 3.92 percent

October 15th, 2008 - 8:42 pm ICT by IANS  

New Delhi, Oct 15 (IANS) IT services provider HCL Technologies Ltd Wednesday said its net profit dipped 3.92 percent to Rs.2.5 billion during the July-September quarter, compared to Rs.2.64 billion in the same period last year. The total income, however, zoomed 6.94 percent to Rs.12.25 billion in the quarter under review from Rs.11.46 billion of the year-ago period, a company statement said.

HCL’s net income dipped 1.9 percent to $75.9 million from $77.4 million.

The total revenue surged 17.6 percent to $504.7 million in the second quarter from $429 million.

HCL signed eight new deals worth $270 million and added 29 new clients during the quarter.

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