HCL Earned Rs 32 Crore/Day In 90 Days; Pays Rs 10 Interim Dividend To Investors
IT services company HCL Technologies has reported a 4% growth in consolidated net profit at ?3,259 crores for the September quarter when compared with the same period last year.
Growth In Q1FY22
The revenue from operations increased by 11% to $20,655 crore, up from $18,594 crore the previous year. Almost the company saw a 3% to 2.8 billion dollar revenues increase
For the fiscal year 2021-22, the Board has additionally declared an interim dividend of $10 per equity share.
Net Profit Of HCL Tech Q2
For the reporting period, the company earned Rs 4,838 crore in profits before interest, taxes, depreciation, and amortisation (EBITDA).
Services revenue grew by 5.2 per cent quarter over quarter and 13.1 per cent year over year in constant currency terms in Q2.
HCL Tech’s overall agreements in the reporting quarter totalled $2.2 billion, up 38 per cent year over year, thanks to 14 new significant contract wins.
“The pandemic accelerated the need for building together a sustainable and scalable future and investing in purpose-driven growth. The lessons learned have sharpened our ability to adapt and to innovate and deepened our commitment to bringing positive change through technology,”
“In the months ahead, we will further accelerate our actions and investments in emerging technologies, people and ESG to build a stronger and better future together,”
HCL Tech chairperson Roshni Nadar said.