The Channel logo

News

By | John Oates 19th April 2006 11:18

HCL breaks billion dollar barrier

$250m in last quarter

HCL Technologies brought in revenues of $251.51m in the third quarter of financial year 2006 - ended 31 March 2006.

Revenues grew by 28.2 per cent compared to the same period a year ago. The company made a net income of $35.94m in the period.

HCL made special mention of its deal with Dixons Store Group which it said was the "single-largest deal in Indian IT history".

By region the company brings in 59.3 per cent of revenue from the US, 25.7 per cent from Europe and 15 per cent from Asia Pacific.

The Indian offshoring company, formed in 1976, employs some 30,000 people in 15 countries.

alert Send corrections

Opinion

Houses of Parliament in night-time

Andrew Orlowski

Come on everybody, let's upload all our stuff into Government by Cloud
Joe Tucci EMC
frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties
Columns of coins in the cloud

Michael Cote

Anything that simple to use has got to be complex to set up

Features

Alistair Darling and Alex Salmond debate Scottish independence
You keep the call centres, Hamish, we'll take the banks
Internet of Things
Everyone loves those Things, just not on each others' terms
No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever