HCL Technologies’ Q3FY23 Quarter Results

HCL Technologies’ revenue grew 8% sequentially
  • 12 Jan 2023
  • HCL Technologies reported 8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY23). On a year-on-year (YoY) basis, it witnessed a growth of 19%.
  • Its expenses for the quarter were up by 6% QoQ and 19% YoY.
  • The net profit grew 17% QoQ and 19% YoY.
  • The earnings per share (EPS) of HCL Technologies stood at 15.1 during Q3FY23.

HCL Tech Financial Statements for Q1FY23:

(Rs, crores) Q3FY22 Q2FY23 Q3FY23 QoQ (%) YoY (%)
Total Income
22,586
24,922
26,960
8%
19%
Total Expenses
18,156
20,338
21,588
6%
19%
Profit before tax
4,430
4,584
5,372
17%
21%
Tax
982
1,097
1,276
16%
30%
Profit after tax
3,448
3,487
4,096
17%
19%
Earnings per share
12.7
12.9
15.1

Data Source: BSE, Company announcements

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