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HCL Tech hits weekly high post Q3 nos-news18042012


HCL Technologies surged nearly 6% and touched the weekly high of Rs508.90 on the BSE, after the company announced good results.


HCL Technologies has announced the following unaudited results for the quarter ended March 31, 2012:

Standalone Results:

    The net profit of the company rose by 20.60% to Rs400.15 crore for the quarter ended March 31, 2012 as compared to Rs331.81 crore for the quarter ended March 31, 2011.
    The total income increased by 26.54% to Rs2196.27 crore for the quarter ended March 31, 2012 from Rs1735.59 crore for the quarter ended March 31, 2011.


Consolidated Results:

The Consolidated Results (as per US GAAP) are as follows: (in million US $)

    The Group has posted a net income of $121.10 million for the quarter ended March 31, 2012 as compared to $103.50 million for the quarter ended March 31, 2011.
    Revenues of the company increased from $914.50 million for the quarter ended March 31, 2011 to $1047.90 million for the quarter ended March 31, 2012.
....more info



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