Business Standard

HCL Tech Q4 net profit at Rs 2,568 cr; declares dividend of Rs 2/share

The company declared an interim dividend of Rs 2 per equity share of Rs 2 each of the company for the financial year 2019-20

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BS Web Team
IT major HCL Technologies on Thursday reported a consolidated net profit of Rs 2,568 crore for the fourth quarter ended March 2019.

The company posted a net profit of Rs 2,341.10 crore in the same quarter last year. The company declared an interim dividend of Rs 2 per equity share of Rs 2 each of the company for the financial year 2019-20.

Revenue for the quarter came in at Rs 15,990 crore. 

The results were keenly watched as the US-headquartered IT services company Cognizant, earlier this week, halved its revenue forecast for 2019, citing sluggish demand in its financial and

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