HCL Tech shares tumble 10 pc; market valuation erodes by ₹46,987 cr post earnings announcement
1 day, 4 hours ago

HCL Tech shares tumble 10 pc; market valuation erodes by ₹46,987 cr post earnings announcement

Live Mint  

New Delhi, Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, said. IT company HCL Tech on Monday reported a 5.54 per cent uptick in consolidated net profit to ₹4,591 crore for the December quarter as the CEO expressed optimism for improvement in the demand environment and discretionary spending and raised the revenue growth guidance. Revenue from operations for the quarter under review came in at ₹29,890 crore, 5.07 per cent higher than ₹28,446 crore in the third quarter of the current fiscal year.

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History of this topic

HCL serves up a heady cocktail, but valuation leaves no room for error
1 day ago

HCL serves up a heady cocktail, but valuation leaves no room for error

Live Mint  

HCL Technologies Ltd faced the Street’s wrath following its December quarter earnings, which had nasty surprises. Sequential constant-currency revenue growth of 3.8% was below the consensus estimate of 4.2%, dragged down by weaker-than-anticipated performance of the software business owing to delays in deal closures and renewals. Growth guidance revised HCL lifted the bottom end of its FY25 revenue growth guidance …

HCL Technologies Q3 Results 2025 on 14 Jan, 2025: profit rise by 5.54% YOY, profit at ₹4591 crore and revenue at ₹29890 crore
Trending News
1 day, 4 hours ago

HCL Technologies Q3 Results 2025 on 14 Jan, 2025: profit rise by 5.54% YOY, profit at ₹4591 crore and revenue at ₹29890 crore

Live Mint  

HCL Technologies Q3 Results 2025:HCL Technologies declared their Q3 results on 13 Jan, 2025. In comparison to the previous quarter, HCL Technologies reported a revenue growth of 3.56% and an impressive profit increase of 8.41%. HCL Technologies Q3 Results The operating income also showed positive growth, up by 8.56% quarter-over-quarter and 3.14% year-over-year. HCL Technologies Financials Period Q3 Q2 Q-o-Q …

HCL reports 5.5% increase in Q3 net profit
Trending News
1 day, 17 hours ago

HCL reports 5.5% increase in Q3 net profit

The Hindu  

Tech firm HCLTech on Monday posted third-quarter net profit of ₹4,591 crore, a 5.5% rise over ₹4,350 crore in the corresponding period a year ago. The quarter saw its revenue growing to ₹29,890 crore, 5.1% over last year’s revenue of ₹28,446 crore. C. Vijayakumar, CEO, and Managing Director, HCLTech, said the growth was powered by broad-based performance across business lines …

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas
1 day, 18 hours ago

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas

Live Mint  

HCL Technologies Ltd on Monday reported a higher-than-expected revenue of $3.53 billion in the quarter ended 31 December, a 2.6% sequential rise, boosted by clients in the Americas who account for about two-thirds of the company's sales. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the …

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights
Trending News
1 day, 21 hours ago

HCL Tech Q3 Results: Net profit rises 5.5% to ₹4,591 crore, dividend declared; 5 key highlights

Live Mint  

HCL Tech Q3 Results: HCL Technologies announced its October-December quarter results for fiscal 2024-25 on Monday, January 13, reporting a rise of 5.5 per cent in its consolidated net profit to ₹4,591 crore, compared to ₹4,350 crore in the corresponding period last year. "HCL Tech delivers another quarter of solid growth at 3.8 per cent QoQ in constant currency and …

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?
4 days, 5 hours ago

HCL Tech Q3FY25 preview: Is it wise to buy HCL Tech shares ahead of Q3 results 2025?

Live Mint  

HCL Tech Q3FY25 preview: The board of directors of HCL Technologies Ltd will meet on 13 January 2025 to consider and approve the company's unaudited Financial Results for the quarter and nine months ending December 31, 2024. HCL Tech Q3 results 2025 Speaking on HCL Tech Q3FY25 preview, Sagar Shetty, Research Analyst at StoxBox, said, "HCL Tech is projected to …

HCL Technologies Q1 Results Live : profit rise by 20.46% YOY
6 months ago

HCL Technologies Q1 Results Live : profit rise by 20.46% YOY

Live Mint  

HCL Technologies Q1 Results Live : HCL Technologies declared their Q1 results on 12 Jul, 2024, with the topline increasing by 6.7% and the profit increasing by 20.46% YoY. HCL Technologies has delivered -0.69% return in the last 1 week, 1.83% return in the last 6 months, and 3.12% YTD return. As of 13 Jul, 2024, out of 39 analysts …

HCL Tech Stake Sale: 1.24 Crore Equity Shares Worth Rs 1,788 Crores Sold Via Block Deals
6 months, 2 weeks ago

HCL Tech Stake Sale: 1.24 Crore Equity Shares Worth Rs 1,788 Crores Sold Via Block Deals

News 18  

HCL Technologies shares in Friday’s trade fell nearly 1 per cent to day’s low price of Rs 1,445.45 as in the pre-opening block deal window 1.24 crore shares of the tech giant changed hands in multiple transactions. The block deal saw 0.45 percent equity stake in HCL Technologies changing hands at Rs 1,440.5 per share, reported CNBC TV18. This week, …

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared
8 months, 2 weeks ago

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

Hindustan Times  

HCL Tech Q4 results: IT major's consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year - a gain of 0.1%. The services revenue of HCL Tech crossed ₹ 1 lakh crore on run rate basis during the quarter under …

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore
1 year ago

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore

Hindustan Times  

HCL Technologies on Friday reported a 6.2 per cent increase in consolidated net profit at ₹4,350 crore, highest ever on a quarterly basis, in the three months ended December 2023 on the back of growth in both services and software businesses. The consolidated revenue of HCL Tech grew 6.5 per cent to ₹28,446 crore during the reported quarter from ₹26,700 …

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect
1 year ago

Wipro, HCL Tech To Declare Q3 Results Today: Know What Analysts Expect

News 18  

A day after TCS and Infosys declared their Q3 financial results, other IT majors Wipro and HCL Tech are on Friday set to announce their earnings for the December 2023 quarter. Here’s what analysts expect: HCL Q3 Results Preview On HCL’s Q3 earnings, Elara said, “We anticipate sequential revenue growth of 4.8 per cent in CC terms. This is backed …

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect
1 year ago

HCL Tech Share Rise 3% Ahead Of Q3 Resulta Next Week; Know What To Expect

News 18  

Shares of HCL Technologies rose over 3% to Rs 1,507.2 in Wednesday trade on BSE ahead of its third-quarter results due on Friday, January 12. In Q2 FY24, HCL Technologies reported 10% growth in its consolidated net profit at Rs 3,832 crore. Technicals HCL Technologies | Resistance: Rs 1,500 | Support: Rs 1,400 HCL Tech has been moving sideways, maintaining …

HCL Tech Jumps 4% After Deal Wins At All-Time High in Q2; Should You Buy?
1 year, 3 months ago

HCL Tech Jumps 4% After Deal Wins At All-Time High in Q2; Should You Buy?

News 18  

HCL Tech Shares After Q2 Earnings: HCL Technologies share price rose 4 per cent to the day’s high of Rs 1,266.50 on the NSE in the early trade on Friday following the Q2FY24 earnings. IT services company HCL Technologies on Thursday reported a 10 per cent growth in its consolidated net profit at Rs 3,832 crore for the quarter ended …

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?
1 year, 3 months ago

TCS results on expected lines; Can Infy, HCL Tech do this to reverse IT trend?

Live Mint  

Q2 results 2023: After announcement of TCS results for Q2FY24, market observers and investors are eagerly awaiting for the announcement of Infosys results and HCL Technologies results today. As TCS results for Q2 2023 were in line with the market expectations, Dalal Street is abuzz about other two IT majors meeting the market expectations. Decoding the TCS Q2 results 2023, …

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends
1 year, 4 months ago

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends

Live Mint  

Goldman Sachs has initiated coverage on six Indian Information Technology services companies and expects the sector to see growth amid tailwinds from Generative AI and pent-up demand. While our overall sector revenue growth is in line with consensus, we see company specific divergence, and are ahead of consensus on Infosys and TCS,” Goldman Sachs said in a note. TCS is …

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?
1 year, 6 months ago

How TCS, HCL Tech shares may react on Thursday after Q1 numbers?

Live Mint  

IT giant Tata Consultancy Services may escape the wrath of bears on Thursday's trading session as it surprised streets by reporting solid Q1 earnings for FY24 despite some pressure in margins, although volatility will be seen in the stock price. Siddharth Bhaisora, Investment Advisor at Wright Research said, "Both TCS and HCL Tech have shown resilience in navigating the challenging …

HCL Tech Q1 Results: Attrition declines to 16.3% in June quarter
1 year, 6 months ago

HCL Tech Q1 Results: Attrition declines to 16.3% in June quarter

Live Mint  

IT major HCL Tech announced its April-June quarter results today, reporting a further decline in its attrition rate to 16.3 percent from 19.5 percent in the preceding March quarter of fiscal 2022-23. “In Q1 FY24, more than 10,000 unique employees leveraged HCLTech's Value Creation Portal-a unique grassroots innovation platform that enables employees to contribute ideas and create value for HCLTech …

Q1 Results: TCS, HCL Technologies, 5Paisa Capital, others to post earnings today
1 year, 6 months ago

Q1 Results: TCS, HCL Technologies, 5Paisa Capital, others to post earnings today

Live Mint  

The first quarter earnings for fiscal 2024 are scheduled to begin on Wednesday with two of the top Indian information technology companies, Tata Consultancy Services Ltd, and HCL Technologies Ltd. Anand Rathi Wealth Ltd, Steel Strips Wheels Ltd, 5Paisa Capital Ltd, Hathway Bhawani Cabletel & Datacom Ltd, and National Standard Ltd are some of the non-IT companies that will also …

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react
1 year, 8 months ago

HCL Tech’s Q4 earnings in line with estimates. Here’s how stock may react

Live Mint  

HCL Tech's fourth-quarter earnings are broadly in line with estimates. Overall, HCL Tech's Q4 results are not seen as a shocker and hence the market is expected to be appreciative of the stock price. In Q4FY23, HCL Tech's consolidated PAT stood at ₹3,983 crore up by 10.85% YoY but down by 2.8% QoQ. Veer Trivedi, Research Analyst, SAMCO Securities said, …

HCL Tech records 8% YoY drop in new deal wins to $2.07 billion in Q4
1 year, 8 months ago

HCL Tech records 8% YoY drop in new deal wins to $2.07 billion in Q4

Live Mint  

In its latest Q4 financial year result, HCL Technologies reported new deal wins worth a total contract value of $2.07 billion, which was down by 8 per cent during the quarter ended March in FY22. On an annual basis, the company bagged 57 large deals in FY23, out of which 32 were finalised in the services sector, whereas, 25 were …

HCL Tech shares trading flat ahead of Q4 earnings; here’s what to expect
1 year, 8 months ago

HCL Tech shares trading flat ahead of Q4 earnings; here’s what to expect

Live Mint  

Shares of HCL Technologies, the third largest IT services company in India, were trading on a flat note ahead of the company's Q4 earnings set to be announced today. HCL Technologies will release its March quarter earnings today, days after its peers TCS and Infosys posted mute set of Q4 numbers. Motilal Oswal expects HCL Tech to post muted growth …

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors
1 year, 8 months ago

HCL Tech To Declare Dividend Along With Q4 Results on Today; Key Details For Investors

News 18  

HCL Tech Dividend: IT major HCL Technologies will consider an interim dividend payout to the equity shareholders along with its Q4 earnings on Thursday, April 20, 2023. HCL Tech is expected to report a double-digit growth in revenue for the fourth quarter ended March 31, 2023, with estimates going as high as around 20.4 per cent, aided by ramp up …

HCL Tech Dips Nearly 2% Ahead of Q4 Earnings. Here's How to Trade the IT Stock?
1 year, 8 months ago

HCL Tech Dips Nearly 2% Ahead of Q4 Earnings. Here's How to Trade the IT Stock?

News 18  

Shares of HCL Technologies slipped 1.66 per cent to Rs 1,046.15 per piece in Wednesday’s trade ahead of the firm’s March quarter earnings on Thursday. HCL Tech shares fell 3.68 per cent in the last one week, while it rose 5.09 per cent in the last six months. HCL Tech is expected to report a 20.3 per cent YoY rise …

Nifty IT crashes over 1% ahead of HCL Tech Q4 numbers, all stocks in red
1 year, 8 months ago

Nifty IT crashes over 1% ahead of HCL Tech Q4 numbers, all stocks in red

Live Mint  

IT stocks continued their bearish trend ahead of major Q4 results. HCL Tech's peers TCS and Infosys have announced their Q4 prints and both the tech giants have missed street estimates, raising concerns about near-term challenges. Manish Chowdhury Head of Research Stoxbox said, "Following disappointing fourth-quarter results from TCS and Infosys last week, we expect the trend to continue when …

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know
1 year, 8 months ago

HCL Tech to announce Q4 earnings today: PAT, dividend, key things to know

Live Mint  

The next hot Q4 result in the IT sector is HCL Tech which will present its financial earnings on April 20. On April 20, apart from announcing Q4 earnings and the full-year FY23 financial report, HCL Tech board members will also consider payment of interim dividends for the financial year 2023-24. In terms of constant currency, HCL Tech posted revenue …

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week
1 year, 8 months ago

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week

Live Mint  

Its a busy week ahead with major companies especially in banking, IT and financial sectors lined up to present their fourth quarter earnings for FY23. Among the major Q4 results to watch out for are ICICI Bank, HCL Tech, Yes Bank, Hindustan Zinc, ICICI Prudential Life Insurance, and Tata Communications among others. On April 20, apart from announcing Q4 earnings …

TCS Q3 earnings: Here is what to what to expect from the stock today
2 years ago

TCS Q3 earnings: Here is what to what to expect from the stock today

Live Mint  

IT giant Tata Consultancy Services missed estimates in terms of profitability and margins for the quarter ending December 31, 2022. In December 2022 quarter, TCS garnered a net profit of ₹10,846 crore attributable to shareholders on a consolidated basis up by 11.02% YoY and 3.98% QoQ. This gives us greater confidence in our ability to steer our profitability towards our …

Contrasting Q2 stories of two tech giants of India
2 years, 3 months ago

Contrasting Q2 stories of two tech giants of India

Live Mint  

Information technology services provider Wipro Ltd’s stock closed 7% lower on Thursday. View Full Image Fall behind Small Indian cinemas take on big Hollywood studios Premium trumps regular in demand for consumer durables How to transfer shares from a demat account to another “Wipro’s turnaround story is faltering," said analysts at Ambit Capital Pvt. Third, “Overall Ebit margin has fallen …

HCL Tech posts 7.1% rise in Q2 profit; lifts sales, Ebit guidance
2 years, 3 months ago

HCL Tech posts 7.1% rise in Q2 profit; lifts sales, Ebit guidance

Live Mint  

HCL Tech reported a 7.1% rise in its net profit for the quarter-ended September, at ₹3,489 crore versus ₹3,259 crore year-on-year. Our new brand positioning of Supercharging Progress has been well received and I am confident that will help us deliver on our strategic priorities,” said C Vijayakumar, managing director and CEO, HCL Tech. HCL Tech’s rupee revenue for Q2 …

Q2 Results: Wipro's Q2 profit slips 9%, HCL Tech raises full-year revenue guidance
2 years, 3 months ago

Q2 Results: Wipro's Q2 profit slips 9%, HCL Tech raises full-year revenue guidance

Live Mint  

IT companies HCL Tech and Wipro are scheduled to announce their earnings for the second quarter ended September 2022 on Wednesday. HCL Tech revenue up 19.5% YoY HCL Technology recorded a sequential rise in its consolidated revenue in the second quarter of this fiscal year. HCL Tech's consolidated revenue in the second quarter of FY22 climbed 5.2% QoQ and up …

Why the street is disappointed by HCL, TCS Q1 results
2 years, 6 months ago

Why the street is disappointed by HCL, TCS Q1 results

Live Mint  

June quarter earnings of large Indian information technology services companies have had a sombre beginning. Ebit margins for both TCS and HCL slipped to multi-year lows in Q1 FY23, missing consensus estimates. One of the reasons for the soft net employee additions despite strong deal wins could be that attrition is running ahead of what companies were expecting," Rakesh said. …

HCL Tech adds over 6,000 freshers in Q1, attrition rate at 23.8%
2 years, 6 months ago

HCL Tech adds over 6,000 freshers in Q1, attrition rate at 23.8%

Live Mint  

HCL Technologies added more than 6,000 freshers during the quarter ending June 30, 2022 period. In Q1FY23, headcount rose by 2,089 employees from 208,877 count in March 2022 quarter, while compared to the corresponding period last year - the count climbed by a whopping 34,467 employees. "6,023 freshers were added during the quarter ended 30 Jun 2022," HCL Tech said …

HCL Tech Q1 Results: Net Profit Up 2.4% YoY To Rs 3,283 Crore; Revenue Up 16.9%; Dividend Declared
2 years, 6 months ago

HCL Tech Q1 Results: Net Profit Up 2.4% YoY To Rs 3,283 Crore; Revenue Up 16.9%; Dividend Declared

News 18  

IT major HCL Technologies on Tuesday reported a jump of 2.4 per cent year-on-year in its net profit to Rs 3,283 crore in the June 2022 quarter, against Rs 3,218 crore in the corresponding quarter last year. On a quarterly basis, HCL Tech posted a decline of 8.8 per cent in the net profit, from Rs 3,599 crore in the …

HCL Tech Q1 PAT at ₹3,283 cr, declares dividend of ₹10 per share
2 years, 6 months ago

HCL Tech Q1 PAT at ₹3,283 cr, declares dividend of ₹10 per share

Live Mint  

IT service provider HCL Technologies posted a sequential drop of 8.6% in the consolidated net profit to ₹3,283 crore for the quarter ending June 30, 2022 period. Roshni Nadar Malhotra, Chairperson, HCL Technologies said, "As technology becomes central to lives and businesses, HCL is accelerating the digital transformation journeys of its clients. Further, on the performance, C Vijayakumar, CEO & …

IT Stocks Bleed after TCS’ Muted Q1 results
2 years, 6 months ago

IT Stocks Bleed after TCS’ Muted Q1 results

Deccan Chronicle  

Mumbai: IT sector stocks suffered losses on Monday after Tata Consultancy Service's first quarter performance missed estimates and management commentary indicated clients' tech spends could be impacted due to the current macro economic environment. TCS shares closed 4.64 per cent down at Rs 3,113.25 on the BSE, wiping out Rs 55,471.21 crore from its market capitalisation, now reduced to Rs …

HCL Tech Q1 Results Today: 5 Key Parameters To Watch Out For
2 years, 6 months ago

HCL Tech Q1 Results Today: 5 Key Parameters To Watch Out For

News 18  

Even as India Inc’s earnings season has started with India’s largest IT services company TCS already declared its financial results, another IT major HCL Technologies is set to announce the results for April-June 2022 on Tuesday. Revenue Growth HCL Tech is likely to post a 1.4 per cent q-o-q dollar revenue growth as strong revenue growth is offset by productivity …

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results
2 years, 6 months ago

TCS, Infosys, HCL Tech: Indian IT Companies' Growth Expected To Pick Up In June Quarter Results

News 18  

Even as the earnings season for the June 2022 quarter starting this week with IT company TCS first declaring its financial results on Friday, analysts said the growth of Indian IT companies is expected to pick up in the first quarter, barring weakness in a few companies due to company-specific events. We expect Wipro to guide for 1-3 per cent …

HCL Technologies, ICICI Bank, Reliance Industries: Top Stocks For Investors on Monday, April 26
3 years, 8 months ago

HCL Technologies, ICICI Bank, Reliance Industries: Top Stocks For Investors on Monday, April 26

News 18  

Amid strong global cues, Indian benchmark indices, Sensex and Nifty traded higher in pre-opening on Monday, April 26. Top stock to look for the day: HCL Technologies: The Indian multinational information technology giant reported a lower consolidated profit at Rs 2,962 crore in Q4FY21 against Rs 3,982 crore in the same period last year. ICICI Bank: The private sector lender …

HCL Tech Dec qtr profit jumps 27% to Rs.3,982 crore
3 years, 11 months ago

HCL Tech Dec qtr profit jumps 27% to Rs.3,982 crore

Hindustan Times  

HCL Technologies Ltd posted robust quarterly earnings, in line with its peers that have seen their businesses flourish as they exploited a global boom in digital services due to Covid. India’s third-largest software services company by revenue posted a profit of Rs.3,982 crore in the three months ended December 31, a 26.7% increase from the previous quarter, India’s third-largest software …

HCL Tech Q3 Net Profit Up 31 Pc to Rs 3,982 Cr, Revises Q4 Revenue Growth Forecast
4 years ago

HCL Tech Q3 Net Profit Up 31 Pc to Rs 3,982 Cr, Revises Q4 Revenue Growth Forecast

News 18  

IT firm HCL Technologies on Friday posted a 31.1 percent rise in net profit at Rs 3,982 crore for the December 2020 quarter. In the third quarter, HCL Technologies recorded revenue growth at 3.5 percent quarter-on-quarter in constant currency – higher than its estimate of 1.5-2.5 percent sequential rise. HCL Technologies has revised its sequential revenue growth guidance to 2-3 …

Airtel, HCL Technologies, L&T Infotech: Top Stocks for Investors Today
4 years ago

Airtel, HCL Technologies, L&T Infotech: Top Stocks for Investors Today

News 18  

Both the BSE Sensex and NSE Nifty closed moderately high on Thursday. However, on January 15 the Indian stock market might open with lower points as the SGX Nifty indicated a negative opening for the domestic market as it was trading at 70.25 points or 0.48 percent lower at 14,576.0. HFCL: The company released its Q3 results on Thursday and …

HCL Technologies Shares Tank Over 4% on Profit-booking After Q2 Earnings
4 years, 2 months ago

HCL Technologies Shares Tank Over 4% on Profit-booking After Q2 Earnings

News 18  

Shares of HCL Technologies on Friday declined over 4 per cent in early trade on the bourses on profit-booking after the company posted 18.5 per cent rise in September quarter net profit. IT firm HCL Technologies on Friday posted 18.5 per cent rise in September quarter net profit at Rs 3,142 crore. In the second quarter, HCL Technologies recorded revenue …

Q4 results impact: Yes Bank shares zoom 20% after lender posts Rs 2,629-cr profit, HCL Tech jumps over 4%
4 years, 8 months ago

Q4 results impact: Yes Bank shares zoom 20% after lender posts Rs 2,629-cr profit, HCL Tech jumps over 4%

Firstpost  

Shares of Yes Bank on Thursday zoomed 20 percent after the company reported a net profit of Rs 2,629 crore for the March quarter New Delhi: Shares of Yes Bank on Thursday zoomed 20 percent after the company reported a net profit of Rs 2,629 crore for the March quarter. Yes Bank on Wednesday reported a net profit of Rs …

HCL Tech Q4 results better than expectations: Net profit up 22.8% at Rs 3,154 cr, announces dividend of Rs 2
4 years, 8 months ago

HCL Tech Q4 results better than expectations: Net profit up 22.8% at Rs 3,154 cr, announces dividend of Rs 2

Firstpost  

HCL Tech’s revenue grew 16.3 percent to Rs 18,590 crore in the quarter under review, from Rs 15,990 crore in the corresponding quarter last year, as per US GAAP New Delhi: IT firm HCL Technologies on Thursday posted 22.8 percent rise in consolidated net profit at Rs 3,154 crore for the March quarter driven by strong growth across verticals. #BREAKING …

TCS jumps despite Q4 profit dip; company reports robust order book amid pandemic
4 years, 8 months ago

TCS jumps despite Q4 profit dip; company reports robust order book amid pandemic

Live Mint  

MUMBAI: Shares of Tata Consultancy Services Ltd jumped nearly 8% in early deals on Friday despite reporting a dip in its January-March net profit. The company though reported a robust order book -- its largest ever-- during the quarter. The software behemoth reported a net profit of ₹8,093 crore for the quarter ended March, down 0.8% sequentially and missing analyst …

HCL Tech net profit falls 8.2% to Rs 2,230 cr in June quarter; revenue up 18.3% to Rs 16,427 cr
5 years, 5 months ago

HCL Tech net profit falls 8.2% to Rs 2,230 cr in June quarter; revenue up 18.3% to Rs 16,427 cr

Firstpost  

IT major HCL Technologies on Wednesday posted a 8.2 percent decline in its consolidated net profit to Rs 2,230 crore for the quarter ended 30 June New Delhi: IT services major HCL Technologies on Wednesday reported an 8.2 percent fall in consolidated net profit to Rs 2,230 crore for the June quarter, and said it was “cautiously optimistic” about growth …

HCL Tech keeps up the growth pace, margins remain a bugbear
5 years, 8 months ago

HCL Tech keeps up the growth pace, margins remain a bugbear

Live Mint  

HCL Technologies Ltd maintained its growth momentum of recent quarters, reporting 3.3% sequential revenue growth in constant currency terms for the March quarter. Growth is expected to improve on the back of a ramp-up of large deals HCL Technologies won in the past one year. Prateek Aggarwal, chief financial officer of HCL Technologies, maintains that the upper end of the …

HCL Technologies Q4 net up 14% to Rs 2,550 cr, declares interim dividend of Rs 2 per share; aspires for $10bn revenue in FY20
5 years, 8 months ago

HCL Technologies Q4 net up 14% to Rs 2,550 cr, declares interim dividend of Rs 2 per share; aspires for $10bn revenue in FY20

Firstpost  

HCL Technologies saw its revenue growing 21.3% to Rs 15,990 crore in the quarter under review from Rs 13,178 crore in the January-March 2018 quarter. New Delhi: Information Technology services major HCL Technologies Thursday posted a 14.3 percent rise in its consolidated net profit at Rs 2,550 crore for the March 2019 quarter and set an “aspirational” annual revenue target …

IBM products help HCL fastest growth among five largest IT firms.
5 years, 8 months ago

IBM products help HCL fastest growth among five largest IT firms.

Live Mint  

HCL Technologies Ltd on Thursday announced a 3.5% sequential increase in its dollar revenue for the January-March quarter, the highest among large companies in India’s $167 billion information technology outsourcing sector. HCL Tech’s dollar revenue improved 3.5% sequentially to $2.28 billion in the quarter, while in constant currency terms, the company’s revenue rose 3.3% on a sequential basis. “We are …

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