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HCL Infosystems registers 91 percent growth
HCL’s revenues have registered a sudden spurt thanks
to strong enterprise sales and product innovations. The company is also promoting
its retail PC products aggressively
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RP2 system is another example of HCL Infosystem’s efforts to make
products specifically for Indian conditions
Ajai Chowdhry
Chairman and CEO,
HCL Infosystems
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HCL Infosystems has reported consolidated revenues of Rs 1,994.8
crore during the quarter ended December 31, 2004 as against Rs 1,042.9 crore
in the corresponding quarter of the previous year registering a phenomenal growth
of 91 percent. During the quarter, HCL Infosystems bagged orders for its enterprise
business from the State Bank of Saurashtra, State Bank of Hyderabad, Department
of Posts, Ministry of Defence, Indian Overseas Bank, Sun Pharmaceuticals and
CRISIL. HCL also won a prestigious order from the Punjab state government’s
education department to install and maintain IT Infrastructure in 1,287 government
schools in rural and urban centres.
This quarter also saw HCL Infosystems unveiling a technological
innovation to solve power-related problems that hinder PC usage. The RP2 System,
conceived by HCL labs, frees the user from having to depend on an erratic power
supply, as well as other electricity-related disruptions at work. It runs on
the widely and easily available car battery using the company’s proprietary
RP2 technology. Said Ajai Chowdhry, chairman and CEO, HCL Infosystems, “RP2
system is another example of HCL Infosystems efforts to make products specifically
for Indian conditions. We believe that this technology will help in enhancing
the PC penetration in the country.”
On the consumer PC front, the company has launched several new models and initiated
a large consumer contact drive to scale-up the volumes during the festive season.
HCL distributes Toshiba notebooks and these products continue to do well with
the company bagging orders from Corporation Bank, Tata Teleservices and UNICEF.
In telecom, the company has bagged a large order from Webel for a telemedicine
project at six locations in the North East.
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