India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014.
The company had posted a net profit of Rs 1,193 crore in the year-ago period, it said in a statement.
Its consolidated revenues rose 20.7 per cent to Rs 8,424 crore in the April-June quarter as against Rs 6,980 crore in the same period last year.
The firm follows July-June as the fiscal year.
Commenting on the performance, HCL TechnologiesBSE -2.39 % CEO Anant Gupta said: "HCL has posted a robust financial year performance, which emphatically demonstrates the continued success and relevance of our overall strategy."
In FY14, the company crossed the USD 5 billion revenue milestone and further evolved the key building blocks to deliver next generation propositions to customers, he added.
HCL's cash and cash equivalents, investments and borrowings at the end of June 2014 stood at Rs 1,020.6 crore. Its total headcount recorded at 91,691.
HCL said it has signed over 50 transformational engagements with more than $5-billion Total Contract Value (TCV) during FY 2013-14.
The company had posted a net profit of Rs 1,193 crore in the year-ago period, it said in a statement.
Its consolidated revenues rose 20.7 per cent to Rs 8,424 crore in the April-June quarter as against Rs 6,980 crore in the same period last year.
The firm follows July-June as the fiscal year.
Commenting on the performance, HCL TechnologiesBSE -2.39 % CEO Anant Gupta said: "HCL has posted a robust financial year performance, which emphatically demonstrates the continued success and relevance of our overall strategy."
In FY14, the company crossed the USD 5 billion revenue milestone and further evolved the key building blocks to deliver next generation propositions to customers, he added.
HCL's cash and cash equivalents, investments and borrowings at the end of June 2014 stood at Rs 1,020.6 crore. Its total headcount recorded at 91,691.
HCL said it has signed over 50 transformational engagements with more than $5-billion Total Contract Value (TCV) during FY 2013-14.
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