HCL Infosystems Q4 net at Rs 84 cr

New Delhi, Aug 23 (UNI) HCL Infosystems Ltd today said its net profit has increased to Rs 84.22 crore for the quarter ended June 30, 2007 as compared to Rs 26.88 crore in the corresponding quarter last year.

Its total income (net of excise) increased to Rs 3,069.48 crore for the fourth quarter ended June 30, 2007, whereas the same was at Rs 598.69 crore in the corresponding quarter last fiscal.

For the year ended June 30, 2007 the company has posted a net profit of Rs 317.85 crore as compared to Rs 113.22 crore in the last fiscal.

Total Income (net of excise) rose to Rs 11,696.85 crore for the year ended June 30, 2007 as compared to Rs 2,300.56 crore in the last fiscal.

The company said the previous year's figures of the standalone company do not include the impact of amalgamation and hence are not comparable.

The groups consolidated results posted a net profit of Rs 84.9 crore for the quarter ended June 30, 2007 where as the same was at Rs 70.03 crore in the corresponding quarter last year.

The total income (net of excise) stood at Rs 3,080.43 crore for the quarter ended June 30, 2007 as compared to Rs 3,098.22 crore last year.

For the year ended June 30, 2007 the group has posted a net profit of Rs 315.95 crore as compared to Rs 280.36 crore last fiscal.

The groups total income (net of excise) is at Rs 11,735.78 crore for the year ended June 30, 2007 where as the same was at Rs 11,387.72 crore last year.

HCL also said it has recommended 100 per cent final dividend on the paid up share capital of the company for the financial year ended June 30, 2007. The company has already paid three interim dividends of 100 per cent each during the year.

UNI