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HCL Tech Q4 net up 23% at Rs237.82 cr

HCL Tech Q4 net up 23% at Rs237.82 cr
PTI
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First Published: Thu, Jul 29 2010. 10 26 AM IST
Updated: Thu, Jul 29 2010. 10 26 AM IST
Mumbai: IT services giant HCL Technologies Ltd today posted a growth of 23.26 % in its standalone net profit at Rs237.82 crore, for the quarter ended 30 June.
HCL Technologies had a net profit of Rs192.94 crore in the same period previous year, the company said in a filing to the Bombay Stock Exchange.
The IT major’s total income rose to Rs1,330.61 crore in standalone, from Rs 1,145.54 crore in the same period last year.
For the year ended 30 June, the company reported a decline of 4.58% in its consolidated net profit at Rs1,259.19 crore.
It had a net profit of Rs1,319.63 crore in the same period a year-ago.
The total income of the IT firm increased to Rs12,136.29 crore for the year ended 30 June, as against Rs10,229.41 crore in the same period year earlier, the filing added.
The board of directors of the company has recommended a final dividend of Rs1 per equity share on the face value of Rs2 each to the shareholders.
Shares of HCL Technologies surged 6.2% to touch a month high of Rs396 on the BSE in the early trade.
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First Published: Thu, Jul 29 2010. 10 26 AM IST
More Topics: HCL Tech | Q4 | Profit | Profit | Company Results |