HCL Technologies standalone net up 7 percent

Mumbai: IT services company HCL Technologies on Thursday said it posted a rise of 7.07 percent in its standalone net profit for the quarter ending March 31, 2016, at Rs.1,675.45 crore against Rs.1,564.74 crore in the same period of 2015.

According to the financial results posted on the Bombay Stock Exchange (BSE), the company’s total income in the quarter under review at Rs.4,612.21 crore compared to Rs.4,385.95 crore clocked in the year ago quarter.

Total expenses rose from Rs.2,711.55 crore to Rs.2,848.88 crore for the quarter.