HCL Infosystems reports Q4 FY12 earnings

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

HCL Infosystems has announced its financial results for its quarter and financial year ended June 30th 2012. The company reported Consolidated revenue at Rs. 2,726 crores for the quarter, taking the revenues for the year to Rs. 10,840 crores whereas, Consolidated profit before tax and foreign exchange fluctuation impact was Rs. 36 crores for the quarter, taking the profit before tax and foreign exchange fluctuation impact for the year to Rs. 150 crores. During the year, the Company has paid interim dividends aggregating to Rs. 3/- per fully paid equity share of Rs. 2/- each. 

The HCL Infosystems and Nokia distribution partnership witnessed positive movement as there was an increase in market share in the quarter. Revenue from Telecommunication and Office Automation business for the quarter was Rs. 1,744 crores, taking the revenues for the year to Rs. 7,531.....

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