(updated - 17 Jan 2012)
Stock Updates
HCL Tech Q2 consolidated net profit up 15% at Rs 573 cr
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Software services provider HCL Tech has posted a 15.4% growth in consolidated net profit at Rs 572.7 crore in the quarter under review compared to Rs 496.7 crore in the previous quarter.
The IT major's revenues are at Rs 5,425 crore in the quarter ended December 31 2011, up 12.8% from Rs 4,651 crore in the year ago period.
The firm's EBITDA margin has improved to 18.5% vs 17.1% q-o-q. The EBITDA figure stands at Rs 972 crore compared to Rs Rs 795 crore in the last quarter.
The board has declared an interim dividend of Rs 2 per equity share of Rs 2 face value .
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