Thursday, October 29, 2009

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HCL Tech’s Q1 net profit falls 10%

HCL Technologies Ltd on Wednesday said its quarterly profit under US accounting standards fell 10 per cent.

Net income for the three months to September came in at Rs 320 crore, down from Rs 356 crore a year ago, the software services firm said in a statement. Revenue rose 29 per cent to Rs 3,031 crore, it said.

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