New Delhi : Fourth-ranked IT services firm HCL Technologies posted a 59 % jump in net profit to Rs 1,624 crore in the quarter ended March 31, driven by strong growth in infrastructure services and its financial and manufacturing verticals. The Noida-based firm said in a statement that revenue from infrastructure services grew 31.5 % year-on-year.
HCL Technologies follows a July-June financial year. Revenues rose 29.8 % to Rs 8,349 crore from Rs 6,430 crore a year earlier, beating market expectations. HCL Technologies’ results follow better-than-expected earnings from TCS and No 2 player Infosys. HCL Tech President and CEO Anant Gupta exuded confidence in aggressively winning deals, especially in the re-bid market.