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HCL Tech Q2 net profit up 7 per cent at 3,489 crore: Report

The revenue for the three months ended September 30, 2022, came in at ₹24,686 crore, 19.5 per cent higher than the same period the previous year.

Published on: Oct 13, 2022, 12:55:10 IST
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IT services company HCL Technologies on Wednesday posted a 7 per cent year-on-year rise in consolidated net profit to 3,489 crore for the September quarter and raised the full-year revenue guidance.

HCL Technology's board has also declared an interim dividend of  ₹10 per equity share for the financial year 2022-23
HCL Technology's board has also declared an interim dividend of ₹10 per equity share for the financial year 2022-23

The net profit stood at 3,259 crore in the year-ago period.

The revenue for the three months ended September 30, 2022, came in at 24,686 crore, 19.5 per cent higher than the same period the previous year.

ALSO READ: Wipro Q2 earnings report 9.3 % drop in net profit to 2,659 cr

The board has also declared an interim dividend of 10 per equity share for the financial year 2022-23.

The company has increased its full-year revenue guidance to 13.5-14.5 per cent year-on-year in constant currency terms, according to the company statement. The company has earlier projected 12-14 per cent growth in revenue for the full year.

 
ABOUT THE AUTHOR
Aryan Prakash

A journalist with more than 12 years of experience in print, broadcast and digital media. When not tracking major news events, he can be seen binge watching his favourite shows or reading a spy thriller.

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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