India-based information technology services firm HCL Technologies is raising higher with each passing day and now the company aims to maintain 14% margins but some factors can hamper this growth.

After posting a 51.7% rise in its fourth quarter of fiscal year 2011, HCL Technologies now aims bigger. Working with bigger partners like Microsoft, IBM, HP and Oracle, HCL’s PAT came in at Rs 510 crore, and thus calculations on a sequential basis showed that the company’s net profit was higher by 9%.

In a recent announcement, the company’s management said that "The deals in pipeline are bigger than ever before with October-December being the biggest quarter in terms of booking orders. With this our working capital cycle too is seen declining consistently".

Also, in context to same, company’s panel comprising Vice Chairman and Chief Executive Officer Mr. Vineet Nayar and Chief Financial Officer Mr. Anil Chanana said in an exclusive interview on CNBC-TV18 that the major source of getting high returns was the investment made in selling, general and administrative expense (SG&A) and infrastructure.

The duo also added that HCL is still focusing on market share and maintaining margin profile. "We target to maintain margins at 14%," they said adding however no scope of any price improvements is seen yet.