Mindtree Q1FY23 Quarter Results

Mindtree reported 6% sequential and 34% YoY revenue growth
  • 13 Jul 2022
  • HCL Tech reported 6% 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 34%.
  • Its expenses for the quarter were up by 7% QoQ and 34% YoY.
  • While the net profit decreased a tad by 0.3% QoQ, it grew by 37% on a YoY basis.
  • The earnings per share (EPS) of HCL Tech stood at 28.6 during Q1FY23.

HCL Tech Financial Statements for Q1FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income2,3642,9873,1616%34%
Total Expenses1,8982,3612,5357%34%
Profit before tax4656276260%34%
Profit after tax343473472-0.3%37%
Earnings per share20.828.728.6

Data Source: BSE, Company announcements

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