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 Wysłany: Pią 23:10, 23 Sie 2013 Temat postu: HCL Tech warns of lower sales Nike Blazer smfb |
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HCL Tech warns of lower sales,cheap soccer cleats online
HCL Technologies Ltd is likely to report a drop in its sales and profits for next two quarters as the company continues to rationalise its client base,http://woolrichjacket.webmium.com/, the Chief Financial Officer,Giuseppe Zanotti shoes sale, Mr Arun Duggal, told analysts in a post-earnings call.
"While this (client rationalisation) will result in lower overall growth rate in the next two quarters,discount merrell barefoot shoes, it will lead to a more robust business in the long term,merrell shoes outlet,'' he said.
The company reported a lower-than expected net profit in its July-September or its first quarter said that the fall was due to planned reduction of smaller clients,merrell sale.
However, Mr Duggal said that the benefits of client rationalisation is likely to accrue after two-three quarters when larger clients are likely to ramp up enough to offset the loss from smaller clients.
HCL,merrell outlet, that currently services 349 customers,Giuseppe Zanotti shoes, added 20 new clients such as Australia's National Foods Ltd and the US-based GERS Retail Systems in its first quarter and stopped writing codes for 33 existing clients.
The company's joint venture with Deutsche Bank AG posted Rs 7.87 crore net profit, up 18 per cent from the fourth quarter.
Another venture,discount Woolrich Jackets, formed in the previous quarter with Jones Apparel Group Inc,2013 PJS Jackets Shop Sale Kodiak Jackets Online PARAJUMPERS, the maker of Jones New York clothing and Nine West Shoes,Giuseppe Zanotti Sneakers 2013, reported profit of Rs 2.46 crore. However,woolrich sweater, HCL's customer contact centre units reported losses of Rs 4.98 crore against a profit of Rs 0.31 crore a quarter earlier.
``It's a build-up period,PARAJUMPERS Jackets Online,'' said the Chief Executive Officer,http://kevindurantshoesforsale.blogspot.com/, Mr Shiv Nadar. "Its what we would have done in the software services business five years ago,PARAJUMPERS Jackets sale,'' he added. He said that the contact centres are likely to offset operational expenses by the end of their current financial year. The networking arm of HCL also reported a 73 per cent drop in net profit to Rs. 0.78 crore from the fourth quarter as it reduced dependence on government orders.相关的主题文章：
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