HCLT FY'12 results: Revenue US$ 4.1 bn, up 17.1% YoY; Net Income US$ 495 mn; up 30.9% YoY

Revenues grow by 4.6% Quarter on Quarter. HCL also brought home many transformational deals this year prominently from global blue chip companies. Read more about the HCLT Fourth Quarter and Annual Quarter Results FY 2012. With its investments and focus on the 'value zone,' between customer and employees, HCL is recognized for delivering best-in-class customer satisfaction. HCL continues on its journey of profitable growth. The corporate highlights are: · With increased thrust on industrialization and profitable growth, HCL promotes Anant Gupta as President and Chief Operating Officer. · HCL crosses US$ 4 bn in revenue in Fy‘12 · HCL exceeds US$ 1 bn in revenue in Infrastructure Services in Fy’12 · Annual GAAP EPS reports 34% growth YoY · ROE at 26% is highest in the last 5 years · Customer addition of US$ 100 mn+ quintupled over the last two years The Financial Highlights for the Quarter : Q4 2012 · Revenue at US$ 1,080 mn; up 12.1.% YoY & 3.0% sequentially · EBIT at US$ 210 mn; up 40.6% YoY & 27.5% sequentially · Net Income at US$ 156mn; up 36.3% YoY & 28.7% sequentially · Announces final dividend of INR 4 per share, 38th consecutive quarter of dividend payout, taking the total dividend for the year to INR 12 per share · Gross & Net Employee addition of 7,008 & 1,855 respectively taking total headcount to 84,319 Highlights for the Year: FY 2012 · Revenue at US$ 4,152 mn; up 17.1% YoY · EBIT at US$ 679 mn; up 36.3% YoY · Net Income at US$ 495 mn; up 30.9% YoY Read what the leaders have to say: "HCL Technologies has covered many milestones this year. In FY’12 the company continued to demonstrate its ability to navigate through economic turbulence and grow profitably by executing well. We posted 21,031 crores in revenues and 4025 crores in EBITDA in this financial year, with 1300 crores EBITDA in this quarter alone. The promotion of Anant Gupta as the President & Chief Operating Officer of the company will provide further thrust to our agenda of industrialization and profitable growth”, said Shiv Nadar, Chairman and Chief Strategy Officer, HCL Technologies . “I am also delighted to welcome Srikant M. Datar and S Shankar Sastry to HCL Technologies’ Board of Directors. Srikant and Shankar are two globally respected academicians who have received worldwide recognition for their in-depth knowledge on diverse subjects and thought leadership in their respective domains. I am confident that HCL will greatly benefit from their unique business insights and global outlook. I look forward to working with them”, he added. “A five-fold increase in 100mn+ clients, a 31% increase in revenues, 54% increase in EBIT and 48% rise in net income year-on-year, establishes that industry leading growth can be achieved profitably”, said Vineet Nayar, CEO and Vice Chairman, HCL Technologies. “Infrastructure Management Services crossed a billion dollars in revenues this year, demonstrating our ability to incubate blue ocean ideas and build them to be market leaders. Industry leading growth in revenues and profits for Enterprise Applications Services has also demonstrated our ability to successfully scale blue ocean acquisitions”, he added. “Our operating cash flows have continued to be in excess of net income. Over the last 5 years, we have returned close to 60% of the free cash flows generated to our shareholders as dividend and this fiscal we achieved 26% return on equity, highest in the last 5 years,” Anil Chanana, CFO, HCL Technologies.