Dell posts 63 jump in Q2

The company8217;s revenues rose by a marginal 1 per cent to USD 15.65 billion in the second quarter of FY8217;12 from USD 15.53 billion in the year-ago period.

Dell said growth in its enterprise solutions and services business,as well as the performance of India and China,drove the company8217;s profitability in the second quarter.

8220;We continue to see great momentum in the high growth areas of our business,which is a direct reflection of the discipline and strong execution our global Dell team is applying to help solve real-world challenges for our customers,8221; Dell Chairman and CEO Michael Dell said.

Dell8217;s revenues from India grew by 21 per cent during the period under review,while its China business saw a 20 per cent jump.

However,the uncertain demand environment has prompted the computer giant to lower its full-year revenue target.

8220;The company has revised its full-year revenue growth outlook to 1-5 per cent from the previous range of 5-9 per cent. In Q3,Dell expects to see revenue roughly flat relative to Q2,which is in line with seasonality over the past two years,8221; Dell President for Greater China and South Asia Amit Midha said in a conference call.

In the reporting quarter,revenues from Dell8217;s enterprise solutions and services buiness rose by 4 per cent to USD 4.6 billion,while commercial business went up by 1 per cent to USD 12.8 billion.

Dell8217;s services revenue grew 6 per cent to USD 2 billion and networking and server revenue gained 9 per cent vis-a-vis the corresponding period of the previous year.

8220;We8217;re creating efficiency across every step of the IT value chain and ultimately enabling all customers 8212; from home users to large businesses and government organisations to achieve the outcomes that matter most to them,8221; Dell said.