The company has reported quarterly consolidated revenue of Rs. 3132.9 crores, taking consolidated revenues to Rs. 12378.5 crores for the year ended June 30, 2009.
Consolidated services revenue during the quarter was Rs. 171.1 crores, taking the consolidated services revenue for the year to Rs. 653.7 crores, a growth of 43%.
Consolidated profit before tax during the quarter was Rs. 84.8 crores, taking the consolidated profit before tax for the year to Rs. 351.3 crores.
Consolidated profit after tax during the quarter was Rs. 60.4 crores, taking the consolidated profit after tax for the year to Rs. 239.9 crores.
Revenue from Computer Systems business during the quarter was Rs. 971.0 crores, taking the revenues for the year to Rs. 3540.0 crores.
Profit before interest & taxes for Computer Systems business during the quarter was Rs. 52.3 crores, taking the PBIT for the year to Rs. 177.3 crores.
Revenue from Telecommunication & Office Automation business during the quarter was Rs. 2177.9 crores, taking the revenues for the year to Rs. 8874.5 crores.
Profit before interest & taxes for Telecommunication & Office Automation business was Rs. 54.3 crores, taking the PBIT for the year to Rs. 246.2 crores.
Consolidated EPS for the year ended 30th June 2009 was Rs. 14.0 per share.
Board of Directors has recommended a final dividend of 75% per fully paid up share, taking the total dividend for the year 2008-09 to 325%.
Key Catalysts for Growth
The future for domestic market is exciting with Indian IT industry projected to grow manifold over the next few years and the domestic market expected to grow at a CAGR of 15.8%, as per IDC. The PC market registered a decline over last year with regards to total PC sales between April 2008 and March 2009, with desktop computers, notebooks and netbooks taken together at 6.79 million units, as per MAIT report.
The consumer sentiment was subdued due to slowdown in the global economy which impacted the retail IT sales and enterprise buyers. The Government uptake of IT saw growth this year. The Government’s focus on IT was displayed in the announcement of several critical nation building projects. Infact, many of the initiatives in this year's union budget recognize the role the IT industry can play in creating substantial employment opportunities, boosting economic activity and overall development of the country. The IT industry will be keen to partner with the Government in expanding e-governance initiatives including modernization of employment exchanges, the UID project, and smart cards for healthcare services so as to achieve enhanced governance.
Apart from IT arena, ICT solutions in System Integration space for different segments stands to gain from the current market scenario. The Indian telecom market continues to grow. Driven by increase in subscriber base and demand for infusion of new technology for 3G and Value Added Services. Further, the expansion of broadband network across the country is acting as a catalyst for deployment of ICT based infrastructure & services in the field of education, healthcare, eGovernance and all aspects of business services. This will have a direct impact on the lives of people in rural India and providing access to facilities like rural credit, information kiosks and healthcare.
Business Highlights for FY 08-09
Delivering the best in global technology to its customers, this year HCL continued to innovate and demonstrate its leadership in the ICT arena. HCL showcased its future range of products and launched breakthrough customer service technology at the four-day 'Computex 2009', the largest computer exhibition in Asia and the second largest in the world held at Taipei, Taiwan. HCL provided a preview of two upcoming products at the event – ‘HCL Electron’ – WiMAX enabled Nettop and ‘HCL thin & light laptop’ based on Consumer Ultra-Low Voltage platform. Besides this, HCL also showcased World’s first ‘in-built design for support’ on HCL desktops and laptops - a unique concept that helps customers with quick support on-the-go.
This year the focus has been on investing and building “the Brand” through innovative and effective methods. The company launched its online promotion campaign and successfully reached out to its target audience for its range of Laptops.
System Integration : Under this pillar, HCL is motivated to take care of following aspects:
• Leading the way • New Initiatives • Demonstrating leadership in Telecom vertical • Strengthening BFSI & Co-op system integration portfolio Empowering power through System Integration • Good governance through eGovernance • Growth in HCL’s Education system Integration vertical • Integrating ICT solutions for Indian railways • Systems Integration for Media & Entertainment • Shaping infrastructure framework
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