HCL Technologies Ltd

Research report by 'Ventura Securities Ltd'
     
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HCL Technologies Ltd t posted a growth of 23.26 % yoy in its standalone net profit at Rs 237.8 crore for the Q4FY10. The total income grew by 16.2% yoy (3.4% qoq) to Rs 1,330.6 crore in Q4FY10 from Rs 1,145.5 crore in the same period last year. strong growth across geographies, service lines and industry verticals aided the company to post impressive revenue growth. During the quarter the company has added record 6428 employees which resulted in decline in operating margin to 23.4%(-260 bps).


   
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