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HCL Technologies quarterly profit surges 110 pct

HCL Technologies quarterly profit surges 110 pct

Indian software services firm HCL Technologies Ltd. says quarterly profit surged by 110 percent in dollar terms.
Strong media, infrastructure and Asia-Pacific business pulled the company out of last quarter's slump.
HCL says it earned 3.3 billion rupees ($68.9 million) in net income during the quarter ended June 30, up from $32.8 million in the same period a year earlier.
Revenue was 29.1 billion rupees ($607 million), up from $501.7 million a year earlier, a 21 percent rise in dollar terms.
The stock was trading up 5.9 percent, at 307 rupees a share, in Bombay on the news.


Updated : 2021-03-02 23:15 GMT+08:00