Financial Daily from THE HINDU group of publications
Tuesday, Aug 02, 2005
Financial Daily from THE HINDU group of publications Tuesday, Aug 02, 2005 |
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Info-Tech
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Financial Performance Corporate Results - Hardware HCL Peripherals sees Rs 360-cr revenue Our Bureau
Chennai , Aug 1 HCL Peripherals, a unit of HCL Infosystems Ltd and manufacturer of computer products, expects an increase in revenue to Rs 360 crore for fiscal ending June 2006, compared to Rs 260 crore last fiscal, according to the company's Executive Vice-President, Mr S. Pattabiram. At present, the company supplies 80-85 per cent of its personal computer monitors to original equipment manufacturers (OEM), including its parent firm, and the balance to channel partners. In the next couple of years, the company expects 60 per cent of its supplies to OEMs and 40 per cent to channel partners, he said. HCL Peripherals has appointed Ingram Micro as its all-India distributor for display products (various monitors). This would help the company double revenue from channel partners to Rs 40 crore (Rs 20 crore) during the current fiscal, Mr Pattabiram told newspersons. The tie-up with Ingram Micro would enable HCL Peripherals reach the length and breadth of the country. HCL Peripherals has 21 regional distributors and 760 dealer partners, and all of them would be integrated with Ingram Micro, which has around 8,000 channel partners and presence in every state, he said. According to Mr Pattabiram, the company's Pondicherry plant manufactures around 2,000 monitors a day, and this can be scaled up to 3,000. If Ingram Micro provides more volume, the company would set up an additional facility there, he said.
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