This Week
  • Schneiderman aiming to curb violations of mental health parity law.

  • Blue Cross Arena general manager Jeff Calkins draws top talent in a competitive market.

  • Twenty years ago, RIT pioneered one of today's top degree programs: software engineering.

  • Martino Flynn LLC plans to grow revenue by 5 percent to 10 percent this year.

  • Steve Glickman wants to infuse Rochester region with new ideas, perspectives.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

HCL Technologies profit, sales surge in Q4

Rochester Business Journal
July 31, 2013

An Indian firm with a local presence reported increases its fiscal fourth-quarter sales and profit Wednesday.

HCL Technologies Ltd. reported net income of $213 million, up 37 percent from the year before. Sales were $1.2 billion, up nearly 14 percent.

Growth in HCL Technology's top line was driven by strong revenue across the Americas and Europe regions, the company reported. HCL recorded 12.9 percent growth in the Americas, which account for about 56 percent of overall revenue.

For fiscal 2013, net income was up 50.5 percent to $745 million. Sales, too, increased to $4.6 billion, up 17 percent from the year before.

HCL Technologies is a provider of information technology and consulting services. The company has 150 local employees.

In 2011, Xerox Corp. outsourced roughly 250 local engineering positions to HCL.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google