HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on June 20, 2008 has allotted 3,27,932 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 666,340,272 equity shares of Rs 2/- each aggregating to Rs 133,26,80,544/-.
HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on June 10, 2008 has allotted 3,36,480 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 666,012,340 equity shares of Rs 2/- each aggregating to Rs 133,20,24,680/-.
HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on May 16, 2008 has allotted 3,34,440 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 665,675,860 equity shares of Rs 2/- each aggregating to Rs 133,13,51,720/-.
HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on April 29, 2008 has allotted 1,47,452 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,53,41,420 equity shares of Rs 2/- each aggregating to Rs 133,06,82,968/-.
HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on April 23, 2008 has allotted 50,200 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,51,93,968 equity shares of Rs 2/- each aggregating to Rs 133,03,87,936/-.
HCL Technologies Ltd has announced the following Unaudited results for the quarter ended March 31, 2008:
The Company has posted a net profit of Rs 2630.80 million for the quarter ended March 31, 2008 as compared to Rs 2385.90 million for the quarter ended March 31, 2007. Total Income has increased from Rs 10233.70 million for the quarter ended March 31, 2007 to Rs 13118.30 million for the quarter ended March 31, 2008.
The Consolidated Results (as per US GAAP) are as follows: (in million US $)
The Group has posted a Net Income of $ 85.4 million for the quarter ended March 31, 2008 as compared to $ 76.2 million for the quarter ended March 31, 2007. Total Revenues has increased from $ 362.4 million for the quarter ended March 31, 2007 to $ 484.9 million for the quarter ended March 31, 2008.
HCL Technologies Ltd has informed BSE that the Company will be announcing its Third Quarter Results ended March 31, 2008 on April 15, 2008.
The Company have scheduled a conference call of one hour duration at 5.30 pm (IST) on April 15, 2008 to discuss the quarterly performance of the Company followed by a detailed question-answer session.
HCL Technologies Chairman & Chief Strategy officer, Mr. Shiv Nadar, CEO, Mr. Vineet Nayar, President, HCL BPO, Mr. Ranjit Narasimhan and EVP Finance Mr. Anil Chanana, would address the participants on the Company’s performance during the quarter.
HCL Technologies Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 15, 2008, inter alia,
1. Consider and take on record the Un-audited Financial Results of the Company for the quarter (Q3) and nine-months ended March 31, 2008.
2. Consider the payment of 3rd Interim Dividend for the year 2007-08.
Further the Company has informed that, April 22, 2008 has been fixed as the Record date for the purpose of payment of 3rd interim dividend, subject to approval of the interim dividend by the Board of Directors.
HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company on March 07, 2008 has allotted 1,38,892 Equity Shares of Rs 2/- each, under the 1999, 2000 & 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone up to 66,51,43,768 equity shares of Rs 2/- each aggregating to Rs 133,02,87,536/-.
HCL Technologies Ltd has announced that the Company has been ranked #1 Infrastructure Service Provider in the world by the Global Services 100 Survey conducted by Global Services magazine in association with Neo IT, a leading global outsourcing advisory firm.
HCL Technologies took the spot in this survey; ahead of global majors a trend which it has consistently followed having recently taken the top slot in another globally respected survey by Brown & Wilson group where of the 276 qualified global vendors who qualified HCL was ranked No.1.
The Global Services 100 survey ascribed HCL’s leadership in the Infrastructure services space to it being one of the early providers of RIM as a service offering. ‘Having started off with offering a co-sourcing type of engagement years back. HCL continues its leadership position in RIM with a bevy of customers that include Fortune 500 and Global 2000 Companies’, the report reads.
The survey enlists the Top 100 global IT and BPO service providers covering a range of services including IT application services, infrastructure, FAO, HRO and contact centers. The top 100 list and the ranks in the 10 categories are based on scientific methodology, starting with the responses being clubbed under four broad buckets: size (revenue, employee strength, geographies covered, etc.); customers (customer base, testimonials and references, average contract size, etc.); skills (depth and breadth of offerings, delivery capability, quality initiatives, verticals covered, etc.) and others (attrition, training etc). A weighted scoring scheme, designed by a panel of Global Services’ and neoIT’s practice experts was used to rate each question.
Commenting on the Company’s top rankings in the survey, Anant Gupta, President, HCL Technologies Infrastructure Services Division (HCLT ISO) said, “HCL’s unique delivery model and expertise in the IT Infrastructure Management Services space has provided Transformational benefits to many Global / Fortune companies across the world in the form of assessable savings and returns on their IT investment. We have constantly innovated and pioneered new propositions and delivery frameworks like Remote Infrastructure Management (RIM); Business Ready Infrastructure (BRI) / SaaS from Offshore; Enterprise Management Tools through a utility model; Integrated Operations and Management Services ( IOMS) and the Global model of Service Delivery (based on the ‘Think Global and Act Local” approach with an ecosystem of local and global partners). Needless to say, these are delivered with a sharp focus on value and customer satisfaction and have consistently provided returns beyond mere cost savings to our clients. It Is this guarantee of an innovation and value lifecycle blended with ‘risk-free transitions’ which has generated confidence amongst many Fortune / Global 1000 enterprises to make us their preferred IT Infrastructure vendors over our competitors and edged us to the top spot in our space.
Our No 1 position in this survey is an endorsement of HCL’s continued focus on differentiating with new paradigms for delivery of IT Infrastructure Services. Our distinct focus on transformation is witnessing a lot of traction among customers, which is also reflected in the sheer size and scope of the recent engagements we’ve won and the many accolades we have received from the Industry”.
HCL pioneered the concept of Remote Infrastructure Management (RIM) with a co-sourcing model of engagement, which has added substantial value to customers including 70 + Fortune 500 and Global 2000 enterprises. HCL created a new uncontested market space which today has become a leading trend. HCL is widely acknowledged as a pioneer and a leader in global delivery of infrastructure management. The Company was cited as a leader in Global IT Infrastructure Outsourcing in an independent vendor evaluation study by Forrester Wave TM, Q2, 2007 and No.1 ‘Specialty Offshore Infrastructure Services Provider’ by NeolT and ‘Managing Offshore’ magazine. HCL has also been ranked as the World No. 1 in Infrastructure Outsourcing Vendor by Brown Group for the Black Rook of Outsourcing, 2007.