HCL Tech Posts A Strong Set Of Numbers
DSIJ Intelligence / 17 Apr 2013
HCL Tech announced its results for the quarter ending March 31, 2013. The result, as expected, has been robust. The company has shown healthy growth in both, the topline and margins.
HCL Tech announced its results for the quarter ending March 31, 2013. The result, as expected, has been robust. The company has shown healthy growth in both, the topline and margins.
Revenues for HCL Tech grew sequentially by 3.16% to USD 1190.8 million. At the same time, the EBIT and net profit grew by 3.28% and 8.56% respectively. This signifies an improvement in its operating profit margin and net profit margin by 2 basis points and 80 basis points respectively.
The company’s growth was broad based and was led by the verticals of healthcare, retail and CPG, media, publishing and entertainment and financial services.
For a more detailed analysis on the results of HCL Tech, keep watching this space.