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 Income20,32322,91423,8734%17%
Total Expenses16,22318,59319,5365%20%
Profit before tax4,1004,3204,3370%6%
Profit after tax3,2133,5993,281-9%2%
Earnings per share11.813.312.1

Data Source: BSE, Company announcements

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