HCL Infosystems has announced its financial results for its quarter and financial year ended June 30th 2012. The company reported Consolidated revenue at Rs. 2,726 crores for the quarter, taking the revenues for the year to Rs. 10,840 crores whereas, Consolidated profit before tax and foreign exchange fluctuation impact was Rs. 36 crores for the quarter, taking the profit before tax and foreign exchange fluctuation impact for the year to Rs. 150 crores. During the year, the Company has paid interim dividends aggregating to Rs. 3/- per fully paid equity share of Rs. 2/- each.
The HCL Infosystems and Nokia distribution partnership witnessed positive movement as there was an increase in market share in the quarter. Revenue from Telecommunication and Office Automation business for the quarter was Rs. 1,744 crores, taking the revenues for the year to Rs. 7,531. Segment profits before foreign exchange fluctuation impact for Computer Systems business for the quarter was Rs. 26 crores, taking the segment profits before foreign exchange fluctuation impact for the year to Rs. 46 crores.
Harsh Chitale, Chief Executive Officer, HCL Infosystems Limited, said, “A challenging economic environment coupled with issues like rupee depreciation, slow movement in contracts under execution, rise in input costs due to natural calamities have all impacted our business in the last financial year. However our transformation story is gaining ground and there is lot of movements in our focussed business areas, from our emerging global markets to our services business. So as HCL Infosystems begins its new year, I am confident that our transformation strategy which is already showing results will further create newer growth paths for the organization.”
