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 Income | 2,364 | 2,987 | 3,161 | 6% | 34% |
Total Expenses | 1,898 | 2,361 | 2,535 | 7% | 34% |
Profit before tax | 465 | 627 | 626 | 0% | 34% |
Tax | 122 | 153 | 154 | 0% | 26% |
Profit after tax | 343 | 473 | 472 | -0.3% | 37% |
Earnings per share | 20.8 | 28.7 | 28.6 |
Data Source: BSE, Company announcements
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