Financial Daily from THE HINDU group of publications
Wednesday, Jan 19, 2005
Financial Daily from THE HINDU group of publications Wednesday, Jan 19, 2005 |
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Info-Tech
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Financial Performance Corporate Results - Software HCL Info Q2 net rises 13.5 pc Our Bureau
New Delhi , Jan. 18 HCL Infosystems, on Tuesday, reported a 13.5 per cent increase in net profit at Rs 34.12 crore for the quarter ended December 31, 2004 compared to Rs 30.04 crore for the corresponding quarter the previous year. Announcing the results, the company said its total income (net of excise) increased from Rs 348.62 crore in Q2 of 2003 to Rs 506.99 crore. As per the consolidated results, the group has posted a net profit of Rs 60.10 crore (Rs 41.43 crore). Total income (net of excise) increased from Rs 1,017.98 crore in Q2 of 2003 to Rs 2,001.09 crore for the quarter.The board of HCL Infosystems at its meeting held today approved interim dividend payment of 70 per cent, second interim (quarterly) dividend on the paid-up share capital of the company for the year 2004-2005.
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