HCL Technologies Rest of World Region Revenues up 23.8% YoY (on LTM basis)

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HCL Technologies Ltd

2012-04-18 21:25 7110

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NOIDA, India, April 18, 2012 /PRNewswire-Asia/ --

- HCL Technologies Q3 2012 Revenues at US$ 1,048 mn, Up 14.6% YoY and 2.5% QoQ

HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced results for the quarter ended March 31, 2012. In this 3^rd Quarter of FY 2012, HCL's revenues reached US$ 1,048 mn, up 14.6% YoY and 2.5% QoQ. This quarter also marks HCL's achievement of $4 bn LTM revenue milestone.

HCL Rest of World (ROW) region posted a revenue increase of 23.8% YoY (on LTM basis).

RoW's highlights for Q3 FY 2012:

HCL has strategically aligned with Cisco to open a South Africa Glocal Centre of Excellence (GCoE) in Johannesburg as part of its commitment to build a socially responsible business. The Johannesburg GCoE will serve as a local support center for HCL and Cisco's South African clients. It will also train local engineers on advanced Cisco technologies to support clients across Africa and specifically South Africa.
HCL entered into an engagement with a leading state government road authority to develop a smarter, integrated and inter-connected traffic management system. This innovative Enterprise Standard Traffic Information System is the first of its kind in the APAC region.
HCL has won a Core Banking Transformation deal from a large state owned bank in Malaysia.
HCL has won a deal with a leading consumer-electronics company in Japan to develop and test Android applications for their digital camera models as well as to develop functions for their Digital Imaging Products.

HCL Technologies - Financial Highlights