HCL Tech Q4 net profit up 51% at Rs 330 cr; stock gains!

HCL Technologies has announced its Q4FY09 numbers. Its net profit increased 51.3% to Rs 330 crore versus Rs 218.1 crore and revenues rose 1.63% to Rs 2,908 crore from Rs 2,861.5 crore, QoQ. Reacting to the results, the share was quoting at Rs 309.75, up Rs 19.75, or 6.81% at 10.09 am.

In dollar terms, its Q4 revenues were up 7.6% to $ 607.2 million versus $ 564.4 million. It was best among all peers this quarter. Constant currency growth was at 3.95%.