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Jul 25, 2012, 07.21 PM IST
Country's fourth largest software services exporter HCL Technologies' net profit rose by 41.6% quarter-on-quarter to Rs 854 crore in the quarter ended June 2012, beating analysts expectations. Analysts on an average had expected net profit at Rs 675 crore.
Its revenues (in dollar terms) went up by 3% to USD 1,079.6 million from USD 1047.9 million during the same period. Revenues (in rupee terms) increased 13.5% to Rs 5,919 crore in the fourth quarter of FY12. Earnings before interest, tax, depreciation and amortisation (EBITDA) margin improved 360 basis points to 22% versus 18.4% quarter-on-quarter. HCL Tech has reported a forex loss of USD 10.5 million during the quarter.
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