Telecom Lead India: HCL Technologies’ income from telecom
vertical declined in fourth quarter ended June 2012.
Challenges in telecom vertical, which is a major concern
for all IT companies including Infosys, TCS and Wipro, have affected HCL
Technologies revenue from telecom sector.
Telecom contributed 8 percent revenue to HCL Technologies
in the fourth quarter of 2012 against 9.1 percent in the same period in 2011.
In the March 2012 quarter, telecom revenue contribution was 8.6 percent.
In Q4 2012, HCL Technologies has posted revenue of Rs
5,919 crore; up 13.5 percent q-o-q.
Net income was Rs 854 crore, up 41.8 percent q-o-q.
For the full fiscal, HCL Technologies has reported revenue
of Rs 21,031 crore, up 31.2 percent y-o-y.
Net income of HCL Technologies was Rs 2,526 crore, up
47.8 percent.
HCL Technologies said Americas, Europe and ROW grew 19.5
percent, 18.8 percent and 6.9 percent respectively.
Growth posted by Infrastructure Services at 21.5 percent,
Engineering and R&D Services at 20.5 percent, Custom Application Services
at 18.6 percent and Enterprise Application Services 12.2 percent.
Growth led by Healthcare at 29.2 percent, Manufacturing
at 23.9 percent, Retail & CPG at 17.9 percent and Financial Services at
12.6 percent respectively.
“The company continued to demonstrate its ability to
navigate through economic turbulence and grow profitably by executing well. We
posted Rs 21,031 crore in revenues and Rs 4,025 crore in EBITDA in this
financial year, with Rs 1,300 crore EBITDA in this quarter alone. The promotion
of Anant Gupta as the president & chief operating officer of the company
will provide further thrust to our agenda of industrialization and profitable
growth,” said Shiv Nadar, chairman and chief strategy officer, HCL
Technologies.
Infrastructure Management Services crossed a billion
dollars in revenues this year, demonstrating our ability to incubate blue ocean ideas and build them to be
market leaders. Industry leading growth in revenues and profits for Enterprise Applications Services
has also demonstrated our ability to successfully scale blue ocean acquisitions.
A five-fold increase in 100 millionn+ clients, a 31
percent increase in revenues, 54 percent increase in EBIT and 48 percent rise
in net income year-on-year, establishes that industry leading growth can be
achieved profitably,” said Vineet Nayar, CEO and vice chairman, HCL
Technologies.
