Saturday, March 15, 2025 | 12:09 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

HCL Tech gains after earnings beat estimates

Image

Reuters

Reuters Market Eye - Shares in India's HCL Technologies Ltd gain 1.5 percent after India's No. 4 IT services exporter beat expectations with a 41.6 percent rise in April-June earnings.

Consolidated net profit for the fiscal fourth quarter ended June 30 rose to 12.1 billion rupees from 8.54 billion rupees a year earlier on the back of order wins, HCL Technologies said on Wednesday.

Analysts on average had expected the company to post a net profit of 10.6 billion rupee, according to Thomson Reuters I/B/E/S.

(Reporting by Abhishek Vishnoi)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 31 2013 | 10:46 AM IST

Explore News