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HCL Technologies net profit surges 4.38% to Rs 3,593 crore in Q4

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023

Margin headwinds may cap upsides for HCL Tech despite strong top line show
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The March quarter net profit at Rs 3,593 crore, was 4.4 per cent higher on a quarter-on-quarter basis. On a comparative basis, the net profit was up 23.9 per cent year-on-year

Press Trust of India New Delhi
IT services company HCL Technologies on Thursday saw its net profit zoom to Rs 3,593 crore for quarter ended March 2022, and struck an optimistic note about “buoyant” market environment citing “strong momentum across verticals and service lines”.

The net profit was Rs 1,102 crore in the year-ago period.

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for the fiscal 2023.

Chief Executive Officer and Managing Director C Vijayakumar, during the earnings conference, said that market environment is “buoyant” and there is “strong momentum across verticals and service lines”.

The company’s revenue from operations for

(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.)

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