HCL Technologies Q1FY23 Quarter Results

HCL Technologies reported 4% sequential and 17% YoY revenue growth
  • 13 Jul 2022
  • HCL Tech reported 4% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 17%.
  • Its expenses for the quarter were up by 5% QoQ and 20% YoY.
  • While the net profit decreased by 9% QoQ, it grew by 2% on a YoY basis.
  • The earnings per share (EPS) of HCL Tech stood at 12.1 during Q1FY23.

HCL Tech Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income
20,323
22,914
23,873
4%
17%
Total Expenses
16,223
18,593
19,536
5%
20%
Profit before tax
4,100
4,320
4,337
0%
6%
Tax
887
721
1,056
46%
19%
Profit after tax
3,213
3,599
3,281
-9%
2%
Earnings per share
11.8
13.3
12.1

Data Source: BSE, Company announcements

Want to keep a tab on Indian listed companies? Open an account and get daily stock research updates from Kotak Securities.

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Open Demat Account
or Resume your Application
+91 -

personImage