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HCL Tech Q2 revenues up 41% and net income up 61%
Highlights for the Quarter (US$)
- Revenues at USD 331.1 mn; up 41.4% YoY and 10.2% sequentially
- EBITDA (before non cash charge) at USD 73.2 mn; up 38.7% YoY and 12.5% sequentially
- Net Income at USD 64.7 mn; up 60.8% YoY and 18.7% sequentially
- New Business contribution 12% of revenue
- During the quarter, Company announced 1:1 bonus issue-reaffirming its investor friendly policy
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