HCL Technologies has announced financial results of the first quarter for FY 2014. As per the results, the company has declared a dividend of Rs.2.0 per share. Revenue grew by 3.6%.
Infrastructure Services continued to lead with growth at 8.8%, followed by Business Services at 1.7%, Engineering and R&D Services at 1.5% and Application Services at 1.1%, respectively
Additionally, the growth led by Existing Momentum Verticals of Financial Services and Manufacturing reached at 6.9% and 5.4%, respectively and Emerging Momentum Verticals of Life Sciences & Healthcare and Public Services at 6.5% and 3.1%, respectively in this quarter.
Against the backdrop of encouraging macro-economic trends, these results cement HCL's position as a company with a strong and differentiated business model. HCL remains well positioned in both existing and emerging momentum markets with exceptionally strong customer relationships driving sustainable growth,” said Shiv Nadar, Chairman & Chief Strategy Officer, HCL Technologies.
Moreover, HCL showed total headcount at 87,196 and net additions at 1,691 employees.
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HCL Technologies’ First Quarter Results
