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Monday, January 17, 2022

HCL Tech Q3 Rrsult: HCL Technologies’ profit declines 13.6% in the third quarter, declares dividend of Rs 10 per share

HCL Technologies reported that its income grew 15.7 percent to Rs 22,331 crore in the quarter ended December 2021.

HCL Tech Q3 Rrsult: Veteran IT company HCL Technologies has announced the results of the third quarter of the current financial year. The company’s third quarter net profit declined by 13.6 per cent to Rs 3,442 crore as against Rs 3,982 crore in the same period last year. HCL Technologies said in the information given to the stock market on Friday that its income increased by 15.7 percent to Rs 22,331 crore in the quarter ended December 2021. It was Rs 19,302 crore in the same quarter a year ago.

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Company statement on performance

Talking about the company’s performance, C Vijayakumar, CEO and MD, HCL Technologies, said that the third quarter was “excellent” with strong revenue growth, consistent margin performance and consistent momentum in bookings and pipeline, reflecting the company’s position in the market. Shows strength. Along with this, the company has retained the forecast of double digit growth in revenue for the financial year 2021-22. HCL Technologies bagged a total of $2135 million worth of contracts in the December quarter. This is an increase of 64 percent on an annual basis.

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Declaration of interim dividend of Rs 10 per share

HCL has announced an interim dividend of Rs 10 per share for the third quarter. On Friday, the shares of HCL closed down by 0.32 at a price of Rs 1330.

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