HCL Tech Q1 Results: Net Profit Jumps 20.45% YoY To Rs 4,257 Crore, Rs 12 Dividend Declared.
HCL Technologies reported a robust 20.45% rise in net profit and a 6.69% increase in revenue for Q1 FY 2024-25.
On Friday, HCL Technologies reported a 20.45% year-on-year increase in its net profit, reaching Rs 4,257 crore for the first quarter of the financial year 2024-25. Revenue from operations for April-June 2024 grew by 6.69% to Rs 28,057 crore, compared to Rs 26,296 crore in the same period last year.
According to a BSE filing, net profit for the corresponding period last year was Rs 3,534 crore. The Board of Directors has declared an interim dividend of Rs 12 per equity share of Rs 2 each for the financial year 2024-25, with a record date of July 23, 2024. The interim dividend will be paid on August 1, 2024.
The company anticipates its annual revenue for FY25 to grow between 3% and 5%.
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