HCL Technologies quarterly profit climbs 16.7%
Source: IRIS | 21 Oct, 2016, 10.08AM
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Rating: NAN / 5 stars. |
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''We are enthused with overall Q2 FY'17 performance. While revenues this quarter have increased by 12.8% Year-on-Year on Constant Currency basis, the Earnings Per Share (EPS) this quarter, has gone up by 16.8% Year-on-Year. This demonstrates our resilient business model focused on both revenue growth and profitability. The conversion of Net Income to Operating Cash Flow has been in excess of th 100% for last twelve months ended September 30 , 2016 while the Return on Equity continues to be robust at 28%,'' said Anil Chanana, CFO, HCL Technologies.
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