HCL Infosystems earns revenue of Rs 3,054 crore in OND'09

DQW Bureau
New Update


New Delhi: HCL Infosystems has reported consolidated revenue of Rs 3,054.3 crore for the quarter ended Dec 31, 2009. Consolidated services revenue for the quarter was Rs 179.7 crore, a growth of 11 percent over the corresponding period last year.

The company has earned a revenue Rs 721.8 crore from computer systems business, while from telecommunication and office automation business, it earned Rs 2,328.8 crore.

Commenting on the results, Ajai Chowdhry, Chairman and CEO, HCL Infosystems said, “With global markets getting better and the domestic market responding favorably, the year ahead looks promising. The new youth centric campaign 'ME' has received a positive response so far and I am sure with sustained investments and aggressive marketing, we will continue to build excitement for products and grow our marketshare. The quarter had our focus on introducing innovative products, however; the PC hardware growth remained below expectations. I am confident that the steps taken and our refreshed vision will bear greater results in the near future.”

The quarter saw realigning of vision and relaying emphasis of overall growth for all business units of HCL Infosystems. The company also launched Enterprise Commercial Channel (ECC), an initiative in its enterprise channel strategy to strengthen its footprint all over the country towards addressing the SMB segment. In the system integration arena, HCL bagged various prestigious nation-building projects across the country. In the e-governance vertical, HCL Infosystems won a contract from the Gujarat Government to deploy IT educational solutions for the development of the tribal district schools in the state of Gujarat.

The quarter also witnessed a project bagged by the company from the Delhi Government to set up the first exclusive Government Radio Network based on TETRA (Terrestrial Trunked Radio) solutions, for swift and secure communication among various government agencies.