HCL Technologies has reported a gain of Rs 193 crore for the quarter ended June 30, 2009, a growth of 25.51% over the same period a year ago.
During the corresponding period of the last fiscal, the company had a loss of Rs 13.54 crore.
In its filing to BSE, software exporter has said that the total income during the quarter has climbed to Rs 1,145.54 crore as against Rs 1,107.75 crore in the June quarter of the previous fiscal.
The company’s annual income has increased to Rs 10,229.41 crore at the end of FY'09 from Rs 7,562.78 crore in FY'08.
Mr. Vineet Nayar, CEO, HCL Tech has said that they had intensified the investments in enterprise application services, emerging geographies and new verticals to expand company’s grip in various new sectors.
He also added that employee satisfaction is important for them.
HCL has also declared a dividend of 50% at the rate of Rs one per share for the fiscal ended June 2009.
Tech Chairman and Chief Strategy Officer Shiv Nadar said that they were determined for growth throughout the previous difficult times, and now with the strong economic conditions, they would go for strengthening of financial structure.