Tuesday, October 23, 2018

HCL reports moderate numbers in Q2

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 HCL Technologies has reported moderate increase in profit around   5.7 per cent for Sep quarter. The consolidated net profit stood at Rs 2540 Cr. 

Revenues for the period came in at Rs 14861 Cr, up 7 per cent Q-o-Q and 19 per cent on year-on-year basis.

The company says that FY19 revenues are expected to grow between 9.5 per cent to 11.5 per cent in the constant currency terms.

Results were announced after market hours. The stock closed at Rs 952, down almost 3% in today's trade.

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