HCL Infosystems Q2 net at Rs 81.4 cr

NEW DELHI, INDIA: HCL Infosystems Ltd today posted profit after tax in the tune of Rs 81.4 crore for the second quarter ended on 31 December 2007, up 7 per cent, as against Rs 76.0 crores registered for the corresponding quarter previous year.

The company has reported consolidated revenue of Rs 3306.6 crore as against Rs 2968.9 crore in the corresponding quarter of the previous year, a growth of 11 per cent.

Ajai Chowdhry, chairman and CEO, HCL Infosystems Limited, said, "A further consolidation of HCL's position as the leading technology provider for enterprises, organizations and consumers enabled us to deliver yet another quarter of noteworthy growth. Our system integration business gained further traction with a stream of new orders and project wins, while digital lifestyle products business rode the festival season to deliver impressive numbers.”

“This quarter was also noteworthy for strong growth in PC sales, particularly of HCL Leaptops. A sustained expansion of HCL CDCs and HCL Digilife stores deeper into the country was another highlight of the quarter," he added.

Revenue from the Computer Systems business stood at Rs 911.0 crore and revenue from the Telecommunication and Office Automation business was Rs 2395.1 crore. Consolidated EPS for the quarter was Rs 4.8 per share as against Rs 4.5 per share in the corresponding quarter of the previous year.

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