HCL Infosystems Q3FY08 Results

HCL Infosystems Ltd has announced the following Unaudited Results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 831.90 million for the quarter ended December 31, 2007 where as the same was at Rs 347.60 million for the quarter ended December 31, 2006. Total Income is Rs 32779.70 million for the quarter ended December 31, 2007 where as the same was at Rs 6223.90 million for the quarter ended December 31, 2006.

The Consolidated Results are as follows:

The Group has posted a net profit of Rs 814.10 million for the quarter ended December 31, 2007 where as the same was at Rs 759.90 million for the quarter ended December 31, 2006. Total Income is Rs 32880.80 million for the quarter ended December 31, 2007 where as the same was at Rs 29414.80 million for the quarter ended December 31, 2006.

A Scheme of Arrangement sanctioned by Hon'ble High Court of Delhi came into effect on March 31, 2007. Pursuant to the Scheme, Telecommunication and Office Automation business of erstwhile HCL Infinet Ltd was amalgamated with the Company. The previous year's figures of the standalone Company do not include the impact of amalgamation and hence are not comparable.