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HCL continues performing with better results

Anuradha Shukla | July 26, 2012
Global revenues at US$4 billion for fourth quarter.

Global revenues of HCL Technologies were at US$4.15 billion for fourth quarter ended 30 June 2012.

This growth shows that the global IT services provider is continuously performing with better results.

HCL Technologies results for the fiscal year and fourth quarter ending 30 June 2012 show that the company's global revenues rose 17.1 percent year on year to US$4.15 billion while fourth quarter revenue rose 12.1 percent year on year (YoY) to US$1.08 billion.

"HCL continues to perform with better results emerging from RoW," said Pradeep Bindal, president, HCL Asia Pacific, Middle East and Africa. "This quarter the RoW's revenues grew at 6.9 percent YoY. Significant developments like the recently launched Global Delivery centre in Manila reinforce our commitment towards the region."

The Singapore-headquartered Rest of the World region for HCL recorded a revenue increase of 6.9 percent YoY in financial year 2012 and 1.5 percent quarter on quarter in the fourth quarter of financial year 2012.

Rest of the World region

Rest of the World region for HCL comprises Asia Pacific, Middle East, South Asia, Australia & New Zealand and Africa.

The company earned many accolades in the region including unveiling of a Co-Innovation Lab in Singapore in co-operation with a global pharmaceutical corporation Eli Lilly.

Both companies teamed up on developing novel technologies and improving operational efficiencies to enhance Eli Lilly's global competitiveness.

HCL is also enabling Customer Experience Management transformation programme for the largest local councils in Australia and has been ranked in Forbes Asia's prestigious annual listing of the 50 best publicly traded companies in Asia-Pacific called 'Asia's Fab 50 Companies'.

Also, the company earned the prestigious Asian Human Capital Summit 2011 Award by Ministry of Manpower of Singapore.


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