Business Standard

Friday, December 20, 2024 | 10:44 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

HCL Tech Q3 Results: Net profit falls 13.6% to Rs 3,442 cr

However, revenue rose 16% to Rs 22,331 crore in Q3FY22

HCL Tech
Premium

Photo: Bloomberg

Press Trust of India
IT firm HCL Technologies on Friday posted a 13.6 per cent decline in net profit at Rs 3,442 crore in the December quarter but said it had seen all round "stellar performance" across verticals and geographies.

The IT major had registered a net profit of Rs 3,982 crore in the October-December 2020 quarter (as per US GAAP).

Its revenue grew 15.7 per cent to Rs 22,331 crore in the quarter under review. In the year-ago period, the same stood at Rs 19,302 crore, HCL Technologies said in a regulatory filing.

The profit after tax for the third quarter ended December 2021 was higher

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in