HCL Technologies Q1 net profit jumps 78% YoY to Rs 885 crore, Latest stock price
HCL Technologies first quarter net profit rose 78% year-on-year (4% sequentially) to Rs 885 crore, sending its shares to a 52-week high as the India's fourth largest software services provider yet again topped street expectations.
Revenue in July-September quarter, was a little lower-than-expected Rs 6,091 crore, up 31% from a year ago (3% quarter-on-quarter).
Analysts on average had expected HCL Tech to report a net profit of Rs 788 crore on revenue of Rs 6,150 crore
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