Tuesday, October 18, 2011

HCL Tech Q1 cons net profit down 2.5% at Rs 497 cr

HCL Tech has reported a fall of 2.5% QoQ in consolidated net profit of Rs 497 crore for the quarter ended September 2011. The company had reported a net profit of Rs 510 crore in the previous quarter.

EBITDA margin too declined at 17.1% in the first quarter FY12 as against 18.5% (QoQ).

Revenues jumped 8.16% to Rs 4,651 crore from Rs 4,300 crore quarter-on-quarter.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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