HCL TECHNOLOGIES
FIRST QUARTER RESULTS
SEPTEMBER 2014
 |
| SHIV NADAR, CHAIRMAN |
HIGHLIGHTS
f i
r s t QUAR T E R - F Y 2 01 5 R ESULT S
·
Revenue at Rs.8,735
crores; up 3.7% QoQ & 10% YoY
·
Net Income at Rs.1,873
crores; up 2.1% QoQ & 32% YoY
· Revenue growth (excluding India) in
Constant Currency at 3.7% & 14.3% YoY
·
Revenue growth in Constant Currency at 3.2% QoQ
& 13% YoY
·
Announces dividend of Rs.6 per
share
·
Total Headcount at 95,522.
Gross & Net addition of 35,957 & 8,326 for
LTM Sep'14 and 11,631 & 3,831 for
Q1'15
·
EBIT Rs.2,088 Cr. 2.4% up QoQ; 10.2% up YoY
The company follows July-June as its financial year.
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Read more at: http://www.moneycontrol.com/news/results/hcl-tech-q1-net2-to-rs-1873-cr-revenue-below-forecast_1205854.html?utm_source=ref_article
The company follows July-June as its financial year.
Read more at: http://www.moneycontrol.com/news/results/hcl-tech-q1-net2-to-rs-1873-cr-revenue-below-forecast_1205854.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/results/hcl-tech-q1-net2-to-rs-1873-cr-revenue-below-forecast_1205854.html?utm_source=ref_article
“We have posted another healthy quarter of broad-based
growth led by a revenue increase of 3.2% QoQ in constant currency. Our customer
acquisition momentum continues with yet another billion dollar quarter driven
by strong growth in Global Infrastructure Services at 16.9% YoY &
Engineering and R&D Services at 14.1% YoY. We have also added 15 Fortune 500/Global
2000 clients this quarter,” said ANANT
GUPTA, CEO, HCL Technologies.
“Going forward our investments will continue in the three
strategic markets of ITO, Engineering Services Outsourcing and the emerging
Digitalization space which will enable a continued balanced business portfolio performance
for the company”, he added.
"Our broad based growth has enabled us to deliver
industry-leading Net Income performance of 36.1% YoY. We remain focused on
working capital management and free cash flow generation with ~70% of EBITDA converted
into free cash flows in the last 12 months”, said ANIL CHANANA,
CFO, HCL Technologies.
HCL has signed 15 Transformational engagements with more
than US$ 1bn of Total Contract Value in this quarter. We recorded broad-based
bookings led by Global Infrastructure Services, Engineering and R&D
Services, Application Services and the Digitalization suite across Software
Product and Platform Engineering. Manufacturing and Consumer Services led the
wins in verticals and US in geographies.
Income
Stt : QE SEP13 : QE JUN14 : QE SEP14 :YoY : QoQ
Revenues
: 7,961 : 8,424 8,735 : 9.7% : 3.7%
Direct
Costs : 4,858 : 5,215 : 5,522
Gross
Profits : 3,103 : 3,208 : 3,213 : 3.5% : 0.1%
SG
& A : 1,010 : 992 : 1,021
EBITDA :
2,093 : 2,216 : 2,192 : 4.7% : -1.1%
Depreciation
: 185 : 165 : 92
Amortisation
: 13 : 12 : 12
EBIT : 1,895
: 2,038 : 2,088 : 10.2% : 2.4%
Forex
Gains/(loss) : (236) : (53) : (53)
Other
Income, net : 116 : 211 : 358
Provision
for Tax : 359 : 362 : 519
Minority
Interest : 0.20 : 0.05 : 0.05
Net
Income : 1,416 : 1,834 : 1,873 : 32.3% : 2.1%
Gross
Margin : 39.0% : 38.1% : 36.8%
EBITDA
Margin : 26.3% : 26.3% : 25.1%
EBIT
Margin : 23.8% : 24.2% : 23.9%
Net
Income Margin : 17.8% : 21.8% : 21.4%
Earnings
Per Share
Annualized
in Rupees
Basic
: 81 : 105 : 107 : 31.7%
Diluted
: 80 : 104 : 106 : 32.5%
Note : The Company follows July-June Year
ABOUT
HCL TECH
HCL
Technologies is a leading global IT services company working with clients in
the areas that impact and redefine the core of their businesses. Since its
emergence on global landscape after its IPO in 1999, HCL has focused on 'transformational
outsourcing', underlined by innovation and value creation, offering an
integrated portfolio of services including software-led IT solutions, remote
infrastructure management, engineering and R&D services and Business
services. HCL leverages its extensive global offshore infrastructure and
network of offices in 31 countries to provide holistic, multi-service delivery
in key industry verticals including Financial Services, Manufacturing, Consumer
Services, Public Services and Healthcare & Life sciences. HCL takes pride
in its philosophy of 'Employees First, Customers Second' which empowers its
95,522 transformers to create real value for the customers. HCL Technologies,
along with its subsidiaries, had consolidated revenues of US$ 5.5 billion, as
on 30th September 2014 (on LTM basis).
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