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HCL Quarterly Net Stands At Rs 81.4 Crores
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The quarter ending December 2007 was noteworthy for strong growth in PC sales, particularly of HCL Leaptops.
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Saturday, February 02, 2008:
HCL Infosystems Ltd has reported consolidated revenue of Rs 3306.6 crores during the quarter ended 31 December 2007 as against Rs 2968.9 crores in the corresponding quarter of the previous year, a growth of 11 per cent. Profit after tax stood at Rs 81.4 crores as against Rs 76.0 crores in the corresponding quarter of the previous year, a growth of 7 per cent.
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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. The board has declared quarterly second interim dividend of Rs 2 per share (100 per cent on an equity share of par value of Rs 2 each).
Commenting on the quarter results, Ajai Chowdhry, chairman and CEO, HCL Infosystems Limited, said, "A further consolidation of HCL's position as the leading technology provider for enterprises, organisations 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," further added Ajai Chowdhry.
During the quarter, HCL announced the launch of what it called India's first ultra portable range of laptops. Offering mobile Internet computing experience and full PC functionality, the new MiLeap laptops were made available starting from Rs 13,990.
HCL also announced the 'HCL Festival Carnival' campaign during the quarter. The campaign featured never-before offers for the buyers of HCL Leaptops, Ezeebee and Beanstalk range of notebooks and desktop PCs.
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